Ethics Refers to the Study of Morality and the Moral

question 5

True/False

Ethics refers to the study of morality and the moral choices that we all have to make in our lives.

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Definitions:

Internal Situation

Refers to the conditions and factors within an organization that influence its operations, such as employee morale, financial health, and operational efficiency.

External Situation

Factors outside an organization that can affect its performance, including economic conditions, competition, and legal constraints.

Scanning the Situation

The process of carefully examining and assessing the current state or conditions of an environment or situation to identify key elements and challenges.

Forecasting

Forecasting involves making predictions about future events or trends based on current and historical data analysis.