Roth Is a Computer-Consulting Firm

question 53

Multiple Choice

Roth is a computer-consulting firm. The number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below. ​ The variance is

• A) 1.45.
• B) 2.09.
• C) 3.1.
• D) 9.61.

Understand the factors that influence managerial ethics.

Recognize approaches for gaining shared commitments to ethical standards.

Identify common ethical issues encountered in business.

Understand strategies to address rationalizations for unethical behavior.

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Definitions:

Valid Contract

An agreement between two or more parties that is enforceable by law, containing all necessary elements like offer, acceptance, consideration, and legality of purpose.

Voluntary

Pertains to actions or decisions made by an individual or entity based on their own will without external coercion.

Knowing

Possessing knowledge, awareness, or understanding, particularly in contexts where such awareness implies responsibility or acknowledgment of facts.

Duress

The act of compelling someone to act against their will by using force, threats, or coercion, which can render a contract voidable.