Ethical Behavior Is Part of a Range of Behaviors That

question 42

Multiple Choice

Ethical behavior is part of a range of behaviors that ensure

• A) the preservation of informal culture in a company.
• B) optimum returns on the investments of a company.
• C) an organization's long-term health and success.
• D) the financial growth of a few employees in an organization.

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Definitions:

Price Per Unit

Price per unit describes the cost of a single unit of product or service, providing a basis for evaluating and comparing the value of similar items.

Full Cost

The comprehensive total of all costs associated with producing a product or delivering a service, including direct, indirect, fixed, and variable costs.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price to ensure a profit margin is achieved.

Mark-Up Percentage

The amount added to the cost price of goods to cover overhead and profit, expressed as a percentage of the cost price.