As a Strategic Leader, What Actions Could You Take to Establish

question 61

Essay

As a strategic leader, what actions could you take to establish and emphasize ethical practices in your firm?

---

Definitions:

Total Cost

The sum of fixed cost and variable cost.

Extraction Cost

The expenses associated with the removal of raw materials from the earth, such as mining or drilling.

User Cost

The cost associated with the use of a service or the depletion of a capital good.

Fishery

An area with a naturally occurring population of aquatic species which can be harvested for economic purposes.