The Absolutist View on Confronting Different Systems of Business Ethics

question 2

Multiple Choice

The absolutist view on confronting different systems of business ethics ignores the fact that _________ .

• A)people may disagree over the correct ethical standards
• B)ethical standards come from cultural views current in a location
• C)ethical standards in other countries may not be the same as those one is used to
• D)one may have to lower one's standards in order to business effectively

---

Definitions:

Direct Materials

Materials that can be directly linked to the creation of a product and represent a large part of the cost of production.

Direct Labor

The labor cost of workers who are directly involved in the production of goods or the provision of services.

Factory Overhead

All indirect costs associated with manufacturing, excluding direct labor and direct materials.

Direct Labor

The labor cost directly attributed to the production of goods or services, typically wages paid to those on the manufacturing floor.