Gama Technosoft Plans to Remodel and Restructure Their Cell Phones

question 49

Multiple Choice

Gama Technosoft plans to remodel and restructure their cell phones and to launch a new version. However, Linda, the head of the design team, was skeptic of this idea. The management tried to convince Linda saying that it will keep the company growing as the new product will be refreshing for the customers. Which of the following statements can justify Linda's viewpoint in this scenario?

• A) It would only attract first-time buyers and not the existing customers.
• B) An improvement to the existing product will discourage private spending by increasing taxes.
• C) The sales of a new model will not be able to replace the sales of the existing model.
• D) It will have limited potential to capture additional market share.

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Definitions:

Codes of Ethics

Written guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards.

Kohlberg's Levels

Outline a theory of moral development divided into three main stages - preconventional, conventional, and postconventional - each containing two levels, devised by psychologist Lawrence Kohlberg.

Moral Development

Refers to the progression through which individuals acquire the ability to distinguish right from wrong and to develop socially acceptable behavior patterns.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, encompassing the relationships among its stakeholders.