Tim Always Tried to Do the Right Thing for Everyone

question 3

Multiple Choice

Tim always tried to do the right thing for everyone involved whenever he was faced with a dilemma that affected other people at work. Which of the "Magnificent Seven Principles" is he exhibiting?

• A)dignity of human life
• B)autonomy
• C)honesty
• D)loyalty
• E)the common good

---

Definitions:

Inventory Turnover

A ratio indicating how many times a company's inventory is sold and replaced over a certain period, measuring efficiency in managing stock.

Average Daily Cost

The average amount of expenses incurred in a day, calculated over a specified period.

Days' Sales

A financial ratio that measures the average time it takes for a company to convert its inventory into sales.

Industry Average

A benchmark or standard performance metric across a sector or industry, useful for comparison and strategic planning.