Ethicists Depend on What Is Called a ____ to Try

question 12

Multiple Choice

Ethicists depend on what is called a ____ to try to make better and better ethical decisions.

• A)categorical imperative
• B)dialectic
• C)reductionist argument
• D)deontology

Understand the concept of the ideal product and how it relates to consumer preferences.

Identify the factors that influence a product's position in the market.

Describe methods for visualizing and mapping brand positions in the marketplace.

Understand the different types of market research and their purposes.

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Definitions:

Direct Labor Cost Variance

The difference between the budgeted cost of direct labor for production and the actual cost incurred, indicating over or under allocation of resources.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, indicating discrepancies in workforce expenses.

Direct Labor Efficiency Variance

A measure of the difference between the actual hours worked and the standard hours expected for the production accomplished.

Favorable

A term used in budgeting and accounting to describe a financial result or variance that is better than expected or budgeted.