Locating Production Facilities in Foreign Countries to Take Advantage of Lower-Cost

question 52

Multiple Choice

Locating production facilities in foreign countries to take advantage of lower-cost labour creates the ethical question of whether the firm:

• A)wants to include a commitment to ethics in its mission statement.
• B)is responsible for ensuring workers are treated fairly and paid a living wage.
• C)should target this market with this product.
• D)must allocate resources to the target market or to more important social needs.
• E)is prepared to support the development of an ethical climate.

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Definitions:

Organic Amnesia

Memory loss caused by physical damage to the brain, as from injury or disease, affecting the ability to recall information.

Psychosocial Factors

Elements that involve both psychological and social aspects, influencing an individual's behavior and well-being.

Brain Injury

Damage to the brain, often resulting from accidents or health conditions, that can affect cognitive, physical, and emotional functions.

Dementia

A broad category of brain diseases that cause a long-term and often gradual decrease in the ability to think and remember, affecting a person's daily functioning.