Your employee who does the purchasing for a chain of hair salons you own has suggested buying a cheaper hair-coloring product that contains harmful chemicals. Is this a legal issue or an ethical one? Explain how ethical and legal issues are related when making business decisions.
What will be an ideal response?
Neither laws nor ethics are fixed principles that do not change over time. Ethical beliefs change as time passes; and as they do so, laws change to reflect the changing ethical beliefs of a society. While ethical beliefs lead to the development of laws and regulations to prevent certain behaviors or encourage others, laws themselves change or even disappear as ethical beliefs change. Thus both ethical and legal rules are relative: No absolute or unvarying standards exist to determine how individuals should behave, and they are caught up in moral dilemmas all the time. Because of this, individuals have to make ethical choices.
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Which of the following is true regarding the bargaining process?
A. the NLRA requires bargaining partners to reach an agreement within 90 days of the start of negotiations. B. the NLRA requires bargaining partners to reach an agreement within 90 days of the election date. C. the NLRA prohibits strikes over first contract negotiations. D. the NLRA does not compel either party to agree to a proposal or reach an agreement over contract terms.
Two methods of solving linear programming problems by hand include the corner-point method and the ________
Fill in the blanks with correct word
An easement that is appurtenant usually passes to the new owner of the land
a. True b. False Indicate whether the statement is true or false
Which of the following statements are true about inventory accuracy?
I. Inventory accuracy is essential for planning. II. It is important to find the cause of record error. III. Periodic audits of inventory will find the cause of record error. A) I, II and III B) I and II only C) I and III only D) II and III only E) none of the above