Johan Is the Manager of CycleUp and Has Agreed to Build

question 81

Multiple Choice

Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina. He realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people. Which philosophical approach to ethics does this demonstrate?

• A) Righteous moralist
• B) Friedman
• C) Utilitarian
• D) Cultural relativism
• E) Naive immoralist

Describe different growth models (exponential and logistic) and understand factors affecting population growth rates.

Recognize the importance of demographic factors (birth, death, immigration, emigration) in understanding population dynamics.

Grasp the concept of survivorship curves and life tables in studying population demographics.

Understand the transition from exponential to logistic population growth and the factors influencing this change.

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Definitions:

Prime Costs

The combination of direct materials and direct labor costs.

Direct Labor

The cost of wages for employees who are directly involved in the production of goods or services.

Direct Materials

The raw materials that are directly used in the manufacturing of a product, easily traceable to the finished product.

Equivalent Units Of Production

The number of production units that could have been completed within a given accounting period, given the resources consumed.