To Determine If Your Decision Is Ethical,you Can Ask Yourself,"Are

question 147

True/False

To determine if your decision is ethical,you can ask yourself,"Are all stakeholders happy?"

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Definitions:

Managers

Individuals in an organization responsible for directing and overseeing the work of others to achieve the organization's goals.

Owners

Owners refer to individuals or entities that legally possess an asset, property, or business, holding rights to use, manage, and earn benefits from it.

Independent Goals

Objectives that can be pursued and achieved independently without necessarily affecting the attainment of other goals.

Price Taker

Firm that has no influence over market price and thus takes the price as given.