In Analyzing a Situation to Determine How to Act Ethically,a

question 43

Multiple Choice

In analyzing a situation to determine how to act ethically,a business manager should:

• A) gather background information by either talking firsthand with the people involved or by talking to those who gained information informally through the company "grapevine."
• B) narrowly focus on a single issue.
• C) determine whether an alternative violates important values.
• D) All of the answers are correct.

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Definitions:

Frictional Unemployment

Short-term unemployment that arises from the process of matching workers with jobs and occurs even in healthy economies.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much more efficiently than with individual craftsmanship.

Cyclically Unemployed

Individuals who are unemployed due to the downturn in the business cycle, such as during a recession.

Structurally Unemployed

Individuals who are unemployed due to a mismatch between their skills and the requirements of the current job market, often because of technological changes or shifts in the economy.