What tests are used to make ethical business decisions? Group of answer choices The Golden Rule The Public Disclosure Test The Universalization Test Any or all of the above
Q: An effective decision maker spends much time determining the possible scenarios in future. In the…
A: "An effective decision maker spends much time determining the possible scenarios infuture." This…
Q: A. In finding a location, the higher the foot-traffic means the higher the sales. B. Knowing the…
A: Yes it is true, in finding a location , the higher the foot traffic means higher the sales. Foot…
Q: Businesses and industry specialists in 2018 criticized the company Blockbuster for not being able to…
A: Hindsight bias is the bias in which people feel that past events could have been more predictable…
Q: What is THE IMPORTANCE OF MORAL COURAGE AND WILL IN MAKING MORAL DECISIONS? (1
A: Moral courage is an important characteristic of every individual. But in reality, everyone does not…
Q: A democratic leader is a delegator who basically leaves the employees alone to make their own…
A: Leadership is a method to influence, motivate, and instruct people at work for the achievement of…
Q: Give an example of a good decision you made that resulted in a bad outcome. Also give an example of…
A: A decision taken by considering your choices is a rational way to make important decisions in the…
Q: “Decisions could be classified on the degree of repetitiveness of the decision, level where the…
A: “Decisions could be classified on the degree of the repetitiveness of the decision, a level where…
Q: Consider yourself a manager of any well-structured organization where you are leading a team. Your…
A: It is necessary for a manager to adopt suitable methods to train his/her employees. This is…
Q: A decision-maker typically uses the 7 measures to implement management science tools. What are…
A: Management science is a set of quantitative tools and uses management science as decision models.…
Q: In the process of understanding customer behavior, give real examples of “Dimensions of decision…
A: Dimensions of decision making are: 1. Thinking, studing the market feasibility and analyzing the…
Q: Corporate governance provides a framework of control and mechanisms that support the company in…
A: Corporate governance is of utmost status in a business association regulatory agencies & legal…
Q: An organic system emphasizes top down authority and centralized decision making. Select one: a. TRUE…
A: A natural hierarchical design is portrayed by an incredibly level announcing structure inside an…
Q: In general, when do groups perform better than individuals in regard to decision making? Please…
A: The group can be defined as the collection of individuals who work together for the same goals with…
Q: In the evaluation of a project or proposal some data needs to be gathered and understood. For the…
A: There are businesses growing all across the world. Every country works hard to raise its economy…
Q: Which of these claims is NOT a claim the book reports most economists agree about? options: All…
A: Some of the propositions on which most economists agree are: All economists agree that a legitimate…
Q: Create a table identifying potential stakeholders of the Walmart. Then indicate what particular…
A: Walmart Inc. is an American multinational retail corporation that operates discount department…
Q: Making good ethical decisions to solve Ethical Dilemma requires a trained sensitivity to ethical…
A: Ethical dilemma is a problem involved in the decision making process regarding two possible options…
Q: Consider the following list of business decisions. Which decisions would be handled most effectively…
A: In general terms, group decision making refers to a type of decision making under which the inputs…
Q: Groupthink is most likely to occur when all of the following conditions exist except Question 34…
A: Groupthink is an event that occurs when group members reach the final result without any significant…
Q: Which of the following option explains the principle of respect for autonomy? a. Impose no decision…
A: In its easiest sense, autonomy is about an individual's capacity to follow up on their own qualities…
Q: All business decisions can be judged as right or wrong, ethical or unethical True or False
A: Business process involves various challenging situations, where the business people need to take…
Q: A helpful analogy of hypothesis testing mightbe the concept of ________. the U.S. legal…
A: A is the correct option, i.e., The U.S. legal system that depicts innocent until proven guilty.
Q: The following attributes are all a part of business ethics except: understanding the facts…
A: Ethics is focused on well-founded norms of right and wrong that dictate what people can do,…
Q: Which of the following is not one of the strategies used in principled negotiation? Identify…
A: Negotiation is the act that involves discussion between parties in order to reach at their common…
Q: Giving people authority to make decisions and take actions does not mean they will make good…
A: Optimal decision-making is one of the important skills required in managers or people with authority…
Q: You are an analyst at a company that is organizationally poised to exploit a resource. You have…
A: In a company, a competitive advantage is a characteristic that allows an association to beat its…
Q: The bargaining power of buyers is moderately strong. This is why car manufacturers focus on building…
A: The given data is one fo the five crucial forces of analysis of the automobile industry . These…
Q: A business will always lose profits if it is too concerned with ethics. Group of answer choices…
A: Introduction: Business ethics is an equally essential trigger for a company's success. However, it…
Q: The concept time value of money indicates Multiple Choice the value of a dollar decreases over…
A: One of the important concepts in the field of finance is the time value of money. This particular…
Q: Which of the following is a potential problem in a multi-business firm? Slower decision making High…
A: A multi-business firm, as the name suggests is a group of businesses managed jointly as one whole…
Q: hical Decision Making. Do you think the decision you made was ethical. Explain with reason. If Not…
A: The process of analyzing and choosing among alternatives in accordance with ethical principles is…
Q: Describe a decision that is centralized (or decentralized) in your company. How could you…
A: In an organization, both centralization & decentralization include a significant productivity…
Q: Bias and error in decision making Q. Common mistakes (bias or errors) when a startup…
A: When one or more businesses copy an innovative company's successful strategy, this is known as…
Q: Without real commitment of decision-makers (managers), it will be difficult to find the energy and…
A: International business involves the sale and purchase of goods and services between countries. As…
Q: Identify a local or international company that made a critical decision about the company that…
A: A lot of important decisions are taken by every company in their day-to-day activities. Amazon…
Q: Which one of the following ethical principles state that an individual is free in making his own…
A: The principle of respect for autonomy is generally allied with permitting or allowing individuals to…
Q: Explain in detail the decision-making process and its steps with the help of examples
A: The decision-making procedure assists business specialists and leaders resolve difficulties by…
Q: sing an example, explain the statement "every business decision is at the same time a moral decision
A: Decision is the choice made by the company or an individual to take a certain path and not the…
Q: Why would a firm invest in an expert system if it already employs the experts whose knowledge and…
A: The expert system is the system that copies the work, skills, and knowledge from the human experts…
Q: True or False: An information literate person gained those skills through coursework without any…
A: The question is related to True or False. Information literacy refers to a collection of skills and…
Q: All of the factors below are taken into consideration when determining the ethical intensity of an…
A: ethical intensity refers to a level or degree of importance of any situation, thing etc.
Q: Why would someone put up a sole proprietorship? All options are correct To take control of all the…
A: A sole proprietorship refers to an unincorporated company with only one owner. This owner has to pay…
Q: The second step in the decision- 2 points making process is to: * Determine the facts of the…
A: Answer : a ) is correct answer. Determine the facts of the situation. The second step in the…
Q: Which of the following points is an incorrect step in ethical decision-making? a. None of the…
A: Ethical decision making means choosing the best options from a decision by using the ethical…
Q: It has been argued that in business it is the dynamic entrepreneurs who combine the other factors of…
A: Business is an activity of making money or one’s living by producing some products or services or…
Q: For each of the following, indicate whether the statement is True, False, or Uncertain, and explain…
A: According to the median voter theorem, the candidate or party that wins an election is the one that…
Q: Why the Experience-Based Decision is an important step in the decision-making process? Explain this…
A: Disclaimer-Since you have asked multiple question we will solve the first question for you. If you…
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- i need this with explanation in own words not copy Utilitarian’s theory suggests that ethical action is one which promotes the greatest good for the greatest number of people. Describe different ways of defining what is good for people and explain how these might relate to the practical application of utilitarianism in business scenarios?In Unit 3 of B293 you learned about the following three theories of corporatesocial responsibility:(i) shareholder value theory,(ii) stakeholder management theory, and(iii) social contract theory.For each of these three theories, explain in your own words in one shortsentence what the core claim of that theory is. In addition, provide one argumentfor and one argument against each of these three theories.Show how ethical theory is operational in making a sound decision in business.( Assess the appropriateness of ethical theories for use in tackling the problems with casuistry.)
- Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] president and CEO Miguel Fernandez said the company has "embarked on a journey to turn around our operations" and "is doing everything in its power to mitigate the impacts of recent events -- taking immediate action to seek additional financing and address our financial position." Discuss in detail the role of Miguel Fernandes in the effectiveness of Tupperware’s turnaround strategy.Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] One of the main take-aways of the corporate strategy module has been the importance of strategy evaluation at all times during the strategic management process. Recommend how Tupperware can employ strategy evaluation to avoid strategy failure going forward.Based on the articles on the following links"Griffin, K (2023) The Tupperware party is over. [Online] Available from: https://www.dailymail.co.uk/news/article11960521/The-Tupperware-party-iconic-brand-faces-collapse-77-years.html [Accessed April 2023 McCarthy K, (2023) Tupperware could go out of business, here’s why. [Online] Available from: https://abcnews.go.com/GMA/Food/tupperware-business/story? id=98495624#:~:text=Tupperware also chalked up lower,cash management and possible layoffs [Accessed April 2023] According to the case study, Tupperware, an iconic organisation is struggling to remain afloat and relevant in 2023. Using the facts in the case study, analyse the business environment issues at play.
- You're the type of person who is always terrified of failure, avoids contentious circumstances, and is afraid of losing your job, putting your ethical beliefs on the line. The circumstances listed below will put your ethical standards to the test. What would you do in these situations? Keep in mind that you must be honest and provide outstanding explanations. Situation 1: Protecting a friend who’s drinking is causing problems in the company Situation 2: take credit to the work done by the others. Situation 3: Company engaging in false marketing.What is trust, and how does it relate to justice and ethics? In what three sources can trust be rooted? What is the four-component model of ethical decision-making?Copy the following questions into the submission window and provide answers for them. 1. A helpful first step in ethical analysis is to look for harms and benefits. What harms were done by this fraud? Can you explain exactly what the ethical wrong was? Whe, other than consumers, were harmed? Who benefited? Did the parties who benefitted deserve the benefit? Were any benefits unfair or unethical? 2. Where would you place primary responsibility for this scandal: individual employees who forged customers' aceounts, managers who oversaw those employees. senior executives, board members, or the corporation itself? 3. Sometimes when we assign responsibility, we are looking for someone to blame, someone who is at fault. Who do you blame in this case? 4. Sometimes the question of responsibility is asked so that we can identify the cause and, in tum, prevent it from happening again. What recommendations would you mike to prevent this from happening again? 5. How do you understand the difference…
- What potential changes could be made to identify a more ethical solutions? Does the government have independent monitors of safety standards? What role does crisis management and public relations play in responding to a disaster?Auva and Chad knew that they wanted more out of life. Auva works as an inspector for the city health department, which involves inspecting restaurants and food service establishments to see whether they are operating according to local laws. Chad worked as an insurance agent for the first 10 years of their marriage and stays at home even though their kids are old enough to take car of themselves. Their home is paid for and their oldest daughter has received a scholarship to attend their local state university. Their son, Chester, is a senior in high school. Neither Auva nor Chad has much experience in owning or operating a small business, yet this is what they want to do when their son graduates from high school. They have been frugal and have saved over $200,000 for this venture. Auva will not be quitting her job for a while. This will leave Chad with the responsibility of running the business. What type of business to start and why?The company is Nestle (Malaysia) Berhad: a) How do the company use its EES/ESG/GRI disclosure to be more accountable and responsible to their stakeholders? b) What type of theory would you use to support or to describe the company' (i.e., managers) actions in their EES/ESG/GRI reporting practise in question a? (Note: You may use one or more theories to support your answer). c) Who do you think that should involve in the process for continuance enhancement for the company's benefits? NOTE: you have to construct an appropriate paragraph with introduction and definition is necessary in order to answers the questions. (Not directly write the content like examination).