The Role of Ethics in Management Decisions Is Simple and Easy

question 66

True/False

The role of ethics in management decisions is simple and easy.

---

Definitions:

Differentiation Value

The unique attributes or benefits that make a product or service stand out from competitors in the eyes of customers.

Useful Life

The estimated period during which an asset is expected to be usable for its intended purpose.

Operating Costs

Expenses associated with the day-to-day functioning of a business, including costs related to administration, sales, and production operations.

Service Hours

A measure of the amount of labor time or effort that is provided by a company as a service.