Managerial Ethics Can Be Classified into Three Areas; Behavior Toward

question 86

True/False

Managerial ethics can be classified into three areas; behavior toward employees,behavior toward the organization,and behavior toward other economic agents.

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Definitions:

Output Price

The price at which a product or service is sold, reflecting the market value of the output.

Demand for Capital

The desire for acquiring physical assets, equipment, or financial assets to expand business operations or investments, influenced by the expected profit and cost of borrowing.

Rental Price

The cost of using or occupying property or equipment for a specified period.

Average Productivity

The output produced per unit of input, such as labor or capital, on average.