An Ethical Issue Is a Problem, Situation, or Opportunity

question 2

Multiple Choice

An ethical issue is a problem, situation, or opportunity

• A)that has no correct answer.
• B)that harms the environment.
• C)requiring society as a whole to choose among several actions that must be evaluated as right or wrong.
• D)requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong, ethical or unethical.
• E)requiring an individual, group, or organization to choose between harming consumers or the environment and earning more profits.

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Definitions:

Vendor Development

The process of improving and enhancing the capabilities of vendors to meet the procuring organization's supply chain requirements.

World Class Firm

A company that achieves high levels of efficiency, competitiveness, and profitability, recognized globally for excellence in its operations and services.

Performance Measures

Metrics or standards used to evaluate the efficiency, effectiveness, and quality of operations or activities within an organization.

Large Lead Time

An extended period that passes from the initiation of a process to its completion, often seen in manufacturing and supply chain management.