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Three Primary Areas Where the Sarbanes-Oxley Act (SOX)has Implications for Logistics

question 49

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Three primary areas where the Sarbanes-Oxley Act (SOX)has implications for logistics managers are internal controls,off balance sheet obligations,and timely reporting of material events.


Definitions:

Milgram's Study

An experiment conducted by Stanley Milgram in the 1960s to study the willingness of individuals to obey authority figures, even when asked to perform actions conflicting with their personal conscience.

Shocked

A sudden and intense emotional or physical reaction to an unexpected event or information.

Heart Ailment

A broad term for any condition affecting the heart's function, which can range from congenital defects to acquired diseases like coronary artery disease.

Milgram's Study

An experiment focusing on the conflict between obedience to authority and personal conscience.

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