Because Basic Assumptions Are Usually Unconscious to Veteran Employees, Which

question 96

Multiple Choice

Because basic assumptions are usually unconscious to veteran employees, which of the following ethical views is problematic for managers because it argues for full disclosure of basic assumptions?

• A) Utilitarianism.
• B) Egoism.
• C) Rights.
• D) Justice.

Understand the concept of accounting profit versus economic profit.

Recognize and articulate the difference between "either-or" and "how much" decisions.

Calculate opportunity costs and understand their relevance to economic and business decisions.

Differentiate between explicit and implicit costs in short-run total cost calculations.

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Definitions:

Indirect Approach

A communication method where the main point is presented after the details or background information.

Negative News

Information or updates that are unfavorable or pessimistic, often impacting perceptions or decisions.

Audience Preview

A technique used in presentations and speeches to give the audience a brief overview of the main points to be covered.

Right Medium

The most appropriate channel or form of communication to reach and effectively convey a message to the intended audience.