Discuss the Situation Factors That Influence Whether People Seek and Attain

question 55

Essay

Discuss the situation factors that influence whether people seek and attain leadership.Students should discuss the following: (1)"voids at the top" when an opportunity opens up due to departure or death of the leader or when a group become large;and (2)when people are "in the right place at the right time," i.e.,they happen to be well-situated for leadership.Also pertinent is personal connections (i.e.,"it's not what you know,but who you know").

Recognize the limitations and criticisms of Aristotle's virtue ethics.

Understand how Aristotle’s theory is applied to ethical decision-making and character development.

Familiarize with Aristotle’s notion of the Golden Mean in moral behavior.

Learn about the historical and philosophical context of Aristotle's ethics.

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Definitions:

Constrained Resource

A limited resource that restricts an organization's ability to produce goods or services, affecting throughput and operational efficiency.

Fixed Cost

Expenses that do not change in total over a wide range of activity levels or over the short term, such as rent or salaries.

Special Order

is an order that is outside of a company’s normal production schedule and often requires unique specifications or pricing.

Vertically Integrated

A company structure where the company controls multiple stages of production, distribution, or both within the same industry.