Examlex
The Graduate Management Admissions Council announced that it would begin using a "palm vein" scan to eliminate proxy test taking after the FBI broke up a ring of six test takers who had taken the GMAT for 590 applicants, for a price of $3,000 each. Which ethical category does the conduct of the proxy test takers fit into?
Managerial Efficiency
Refers to the effectiveness with which managers utilize resources to achieve an organization's objectives and optimize operations.
Investment Turnover
A ratio that measures the efficiency of a company in generating sales from its investments in assets.
Assets
The resources owned by a business.
Residual Income
The amount of income that an individual or company has after all personal debts and expenses, including a mortgage, have been paid.
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