Jiho Park, Chairman of the Board of Maritime Products, said to the CEO, "Lowell, we must cease production of those items; they are not healthy for our customers. We must transition to new, safe product lines. I know that other firms are producing those unhealthy items, and I know that no laws prevent us or them from producing them. However, just because something is legal, doesn't mean that it is ethical. Jiho is promoting a(n) ________ ethics program.

A. associate-based
B. consensus-based
C. compliance-based
D. integrity-based
E. systems-based


Answer: D

Business

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The relationship between the price charged for a product and the resulting demand level can be shown in a(n) ________

A) demand curve B) supply curve C) elastic demand slope D) break-even chart E) inelastic demand slope

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Explain the differences between a code of ethics and a code of conduct.

What will be an ideal response?

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What should be the correct formula in cell B8 to determine the probability of rejecting the project according to the IRR’s decision?



a) =NORM.S.DIST((C7-C5)/C6,TRUE)
b) =NORM.S.DIST((0-C5)/C6,TRUE)
c) =NORM.S.DIST((C7-C5)/C6,FALSE)
d) =NORM.S.DIST((0-C5)/C6,FALSE)
e) =NORM.S.DIST((C6-C5)/C7,TRUE)

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