Which statement best explains why Mr. Whymper serves as an intermediary for Animal Farm? O He is motivated by a desire for power. O He is motivated by financial success. O He is motivated by a sense of duty. He is motivated by a desire to help others.
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- 43. Kaz is a professional accountant who works in TCW plc’s finance function. She is partnering in the long term with the marketing function. According to ICAEW’s guide yo finance business partnering, Kaz’s ethical principle that is most under threat by this relationship is Integrity Objectivity Confidentialty Professional behaviour 44. The cross elasticity of demand between Product X and Product Y is negative This means that the Product X and Y can be classified as Complementary goods Substitute goods Inferior goods Normal goodsQuite often, people may face situations that put them in an ethical conflict. The best way to cope with this is ________. Question 22 options: A) to develop a personal code of ethical conduct about what is right and wrong B) to use the "golden rule" C) to do what makes the largest number of people happy in the situation D) to do nothing and ignore the situation E) to act the same way you have seen others act in similar situations4 Ethical Challenge One of the most complex ethical challenges facing for-profit organizations today is balancing their goal of being socially responsible with their obligation to shareholders to earn a profit. Firms generally hire executives to increase profits. No matter how much good a firm does in its community, if it doesn’t have a healthy bottom line, the executive may not be seen as a success. This is not unlike a college football coach who makes sure his players graduate every year, but consistently has a losing record. Odds are he won’t remain the coach very long, even though he does a number of socially responsible things. Executives at privately held companies have the right to make socially responsible decisions that might sacrifice revenue. Executives at publicly held companies have to answer to their shareholders, who expect profits and share prices to grow. Marketing executives at public companies frequently face situations that force them to choose between responsible…
- Sultana Daku is a legendary character famous for robbing the rich to feed the poor. Can you select one of the following pairs of ethical theories both of which justify Sultana Daku's action? a) Kantian Theory and Virtue Ethics b) Kantian and Utilitarian Theory c) Utilitarian Theory and Virtue Ethics d) All of the pairsQ25 Environmental protection can best be done by the efforts of: a. All of these b. Business people c. Government d. Scientists1. Morality is concerned with a) conformity to rules of correct conduct within the context of a society, religion or other institution b) living in accordance with the law c) living an ascetic lifestyle d) conformity to the rules of civil law 2. Harriette is a salesperson who works for a prestigious and admired Fortune 500 company. About how often is Harriette likely to encounter ethical issues in her work? a) once or twice during her career b) approximately once a month c) almost every week d) on a daily basis 3) Doing business is almost impossible in extremely poor countries because a) there are too many natural disasters in the Philippines b) there are a few businesses in the Philippines c) the demands for bribes are endless d) the leaders of the country do not like business
- Introduction, key issue/s, analysis and recommendation sections for each separate scenario. ACC2273 “Is there anything wrong?” Scenario 1 You run a small business that takes older machines and refurbishes them to sell at a “charitable” price. You are doing good for the environment and helping those who need these machines get one at a reasonable price when otherwise they would not have been able to afford one. … yes, business is and can be about helping others, it is not all about making a profit and selling stuff to people that don’t necessarily need stuff. As the owner you have hired a few people to run the business. They look after purchasing and selling, collecting and distributing. You charge (sell the machines for) a small “up-charge” of 5% over cost to cover your operating costs. Some pertinent financial data for 2022: beginning inventory $5,000, ending inventory $6,000, purchases for the year $61,000 and sales for the year $15,000. Is there anything wrong with your…MC Qu. 32 Henri, the marketing manager at Produce... Henri, the marketing manager at Produce Distribution Inc., believes that employees should always act ethically and should also report instances of unethical behavior that they encounter. This belief held by Henri is an example of a Multiple Choice priority. position. fact. value. conclusion.A person behaves in such a way that it benefits the maximum number of people and minimize pain. This type of behavior is consistent with which one of the following ethical principle? a. Ethical Relativism b. Fairness principle c. Utilitarianism principle d. Justice principle
- 8.-Relate the local business examples, to each of the Financial Manager's objectives. Instructions:Choose Profit or Wealth A) A congal, profit or wealth? B) Christmas gift wrapping, profit or wealth? C) El rosal flour mill - profit or wealth? D) Merendero Manuets, utility or wealth? E) Sakura Restaurant, profit or wealth? (This is a class exercise)In this chapter, we stated that many organizations view their human capital as an important variable in the formula for economic success. Discuss the role the HR management process plays in optimizing an organizations human capital.9. James Jessmore is a manager at a local bank. James's management style is best described as entrepreneurial-he is risk neutral. Wynetta George is a customer service representative who reports to James. Wynetta is risk averse. In designing a compensation package for James and Wynetta, which type of compensation arrangement should be emphasized more? James Jessmore a. Performance-based b. Performance-based C. Straight salary d. Straight salary Wynetta George Performance-based Straight salary Performance-based Straight salary