Which of the following statements best describes relativism?
A. Ethical behavior should be based on the opinions and behaviors of relevant other people.
B. Acceptable behavior is that which maximizes benefits for the individual.
C. What is moral goes beyond conventional rules and also comes from what a mature person with good "moral character" would deem right.
D. The greatest good for the greatest number should be the overriding concern of decision makers.
E. All rules and laws should be based in the Judeo-Christian system.
Answer: A
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To avoid being too blunt, a direct format bad news message should include which of the following in the opening paragraph?
A) A statement that establishes common ground with the reader B) The credentials of the writer C) The bad news in the most positive terms possible D) Why the decision was made E) A neutral buffer
Which of the following involves introducing less-expensive versions of established, brand name products?
A) markup pricing B) good-value pricing C) time-based pricing D) cost-based pricing E) target profit pricing
Under a periodic inventory system, closing entries will include
A) Dr. Sales, Purchases Returns and Allowances, Purchases Discounts B) Cr. Purchases, Sales Discounts, Sales Returns and Allowances C) Adjust Merchandise Inventory Account to match physical inventory D) All are correct
Discounts related to price discrimination will be
A) volume based. B) unit based. C) marginally based. D) lot size based.