Which of the Following Best Describes the Role of an Ethical

question 98

Multiple Choice

Which of the following best describes the role of an ethical ombudsman at a Canadian Organization?

• A)interacts with the organizational stakeholders on a daily basis
• B)writes the company's code of ethics
• C)is also called a whistle-blower
• D)handles all negative publicity for an organization
• E)is an official who assumes the role of corporate conscience

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Definitions:

Marginal Cost

The price associated with manufacturing one more unit of a product or service.

Average Total Cost

The sum of all production expenses divided by the amount of goods produced.

Fixed Costs

Costs that do not vary with the level of production or services provided.

Marginal Cost Curve

A graphical representation that shows how the marginal cost of producing additional units changes with the level of output.