If a Manager Is Not Sure If a Certain Business

question 63

True/False

If a manager is not sure if a certain business practice is ethical,he or she should seek advice,if possible,from the company's ethics ombudsperson.

---

Definitions:

Capital Intensity

The amount of fixed or real capital present in relation to other factors of production, especially labor.

Heckscher-Ohlin Theory

An economic theory that proposes countries will export products that use their abundant and cheap factor(s) of production and import products that use the country's scarce factor(s).

Overlapping Demand

A situation in which consumers with various preferences and needs cause markets for different products or services to intersect.

Iron Ore

A naturally occurring mineral from which iron (Fe) is extracted for industrial use.