Examlex

Solved

A Restaurant Has Installed Microphones at Its Tables to Secretly

question 29

Multiple Choice

A restaurant has installed microphones at its tables to secretly record customer reactions to menu items so that the restaurant owner can know which entrees to raise prices on. Under which method of ethical reasoning is this approach considered ethical?


Definitions:

Sales Dollars

The total revenue generated from the sale of goods or services, often measured within a specific period.

Total Period Cost

Refers to the sum of all costs associated with production and operations for a specific period.

Variable Costing

An accounting method that assigns only variable production costs to products - those costs that fluctuate with the level of production, such as raw materials and labor.

Unit Product Cost

The total cost (direct materials, direct labor, and manufacturing overhead) divided by the number of units produced.

Related Questions