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Outsourcing supply chain activities frees up resources and enable firms to access the superior capabilities of outside companies
Moral Considerations
Ethical elements that influence decision-making, emphasizing the distinction between right and wrong actions in personal and professional contexts.
Ultimatum Game
A game in experimental economics and psychology, where two players decide on how to divide a sum of money; one player offers a split and the other can accept or reject it, where rejection means both get nothing.
Dictator Game
A behavioral experiment in economics where an individual, termed the "dictator," decides how to split an amount of money with another participant.
Fairness Considerations
Evaluations or judgments about the equity, justice, or fairness in situations, actions, or distribution of resources.
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