To be an ethical/moral leader in an organizational setting, is it necessary that the leader also demonstrate ethics and morality in his/her personal life? Why not?
What will be an ideal response?
This is an opinion question for students to reflect on and answer. It could be either “Yes;, leaders should be consistent in both areas” or “No; personal life can be separate and doesn’t have bearing on actions in organization.” Also, it could address the difficulty of judging or determining what actions are “immoral” or “less moral” and who would make these determinations.
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In comparison to direct selling, in direct marketing, a consumer is first exposed to a good or service through a nonpersonal medium
Indicate whether the statement is true or false
The consumer decision process begins with
A. alternative evaluation. B. problem solving. C. a routinized response. D. need awareness. E. information search.
The setup cost to make a carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. Given this information, what is total annual set up cost?
a. $600 b. $500 c. $400 d. $300
Refer to the data on Expected Demand for Weston Gadgets, Inc. For the various demand scenarios, if you applied the Laplace criterion, what is the lowest payoff?
A. $39.33 million
B. $34.00 million
C. $31.33 million
D. $43.33 million