Lucas Is a Business Manager for Micro Manufacturing Company

question 57

Multiple Choice

Lucas is a business manager for Micro Manufacturing Company. Ethical dilemmas that Lucas is not likely to encounter include deciding​

• A) ​the kind of pizza to order for a company meeting.
• B) ​whether to lay off employees or take a loss in corporate profits.
• C) ​whether to admonish an employee making rude jokes in the workplace.
• D) ​what to tell a reporter about the recent drop in corporate stock prices.

---

Definitions:

Objectives

Objectives are specific, measurable goals that organizations or individuals aim to achieve within a certain timeframe.

End States

The final outcomes or conditions that are achieved after the completion of processes or actions.

Fixed Budget

A predetermined limitation on spending, beyond which expenses cannot exceed for a specific period.

Single Estimate

An approach in project management or forecasting where a single value is used as the most likely outcome without accounting for uncertainty.