Answered: “As human beings, we all have our own…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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“As human beings, we all have our own values, beliefs and attitudes that we have developed throughout the course of our lives. Our family, friends, community and the experiences we have had, all contribute to our sense of who we are and how we view the world”. “Umar is a good person who comes to office on time and do his work diligently, however he is not sincere when entrusted with products in his workplace, this surely isn’t a good ethical practice as we are taught to act on high ethical standards which includes being sincere when we are entrusted with something”. Q1. Describe any five factors that could have a significant influence on Umar’s Ethical values in his workplace. Justify your answer with one example each. What would you do if you were Umar’s boss?

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