The Operations Manager Suggests a Hike in the Prices to Improve

question 48

Multiple Choice

The operations manager suggests a hike in the prices to improve productivity.However, Frank rules this option out.What could be the possible reason for this?

• A) Product prices are not related to organizational productivity.
• B) Selling price is negatively correlated to organizational productivity.
• C) The real estate business is characterized by intense competition.
• D) Such an action would lead to reduced employee satisfaction.

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Definitions:

Utilitarianism

An ethical theory suggesting that the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Pharmaceutical Industry

A sector dedicated to the discovery, development, production, and marketing of drugs and medications.

Animal Research

The use of non-human animals in scientific experiments to study the effects of substances, diseases, and treatments on biological systems.

Categorical Imperative

A foundational concept in Kantian ethics that proposes an absolute, unconditional requirement that asserts its authority in all circumstances, guiding moral behavior.