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What Is the Best Way for Managers to Ensure That

question 52

Essay

What is the best way for managers to ensure that ethical considerations are taken into account? List five out of the seven things managers can and should do to ensure that basic ethical principles are adhered to, and that ethical issues are routinely considered when making business decisions. Describe at least one way to accomplish each of these tasks.


Definitions:

Demand Curve

A graph that shows the relationship between the price of a good or service and the quantity demanded by consumers.

Transportation Model

An optimization algorithm used in logistics and operations research to minimize the costs of distributing products across various locations.

Linear Programming

A mathematical technique used to achieve the best outcome (such as maximum profit or lowest cost) in a model with linear relationships.

Regular Employment

Employment characterized by a long-term contractual relationship between the employee and employer, often including benefits and job security.

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