Recall a classical ethical theory described in Chapter 5. Describe how you would follow that theory as you go about your day. Explain why this theory works well for you
What will be an ideal response?
Students may choose:
• Utilitarianism, which suggests considering the "greater good" rather than what may be best for the individual.
• To Aristotle, the golden mean of moral virtue could be found between two extreme points of view.
• Kant's categorical imperative recommended acting "on that maxim which you will to become a universal law."
• Mill's principle of utility recommended "seeking the greatest happiness for the greatest number."
• The traditional Judeo-Christian ethic prescribes "loving your neighbor as yourself."
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Gatekeepers have formal or informal power to select or approve the final suppliers
Indicate whether the statement is true or false
The key steps followed by the managers in capital investment analysis include all of the following except
A) identification of capital investment needs. B) preliminary screening. C) formal requests for capital investments. D) analyzing sunk costs.
Wenthorp Enterprises decreased the selling price for its product from $10.00 to $9.00 a unit when total fixed costs decreased from $200,000 to $150,000 and variable cost per unit of $ 5 remained unchanged. How would these changes affect the break-even point?
a. The break-even point in units would be decreased. b. The break-even point in units would remain unchanged c. The effect cannot be determined from the information given. d. The break-even point in units would be increased.
Prior to workers compensation, employees would not recover if they ________
a) assumed the risk b) were contributory negligent c) were injured by another employee d) a&b e) all