When people view ethics as relative,their ethical standards shift depending on the situation.
Answer the following statement true (T) or false (F)
True
Too many people view ethics as relative. In other words, their ethical standards shift depending on the situation and how it relates to them. See 4-1: Ethics and Social Responsibility: A Close Relationship
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Three different objectives relate to a firm's profit, which have different implications for pricing strategy. The three profit-oriented objectives include managing for long-run profits, maximizing current profit objectives, and ________.
A. accumulating profits B. redistributing profits C. reinvesting profits D. maximizing gross margin E. achieving a target return
Which method of evaluating capital projects assumes that cash inflows can be reinvested at the discount rate?
a. internal rate of return b. payback period c. profitability index d. accounting rate of return
The most important feature of management support systems is the computational efficiency involved in making a decision
Indicate whether the statement is true or false
A(n) ____________________ is a collection of data organized to meet users' needs.
Fill in the blank(s) with the appropriate word(s).