Should a Manager Try to Improve His Ability to Make

question 28

Multiple Choice

Should a manager try to improve his ability to make tough ethical choices by improving his moral imagination?

• A)Yes.Rationalization helps ease the conscience.
• B)No.Tough choices are business necessities.
• C)Yes.Sometimes tough ethical problems require new approaches.
• D)No.Fairness requires strict adherence to the rules.
• E)Yes.Blaming others for a mistake is acceptable sometimes.

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Definitions:

Optimal Quantity

The most favorable amount of goods or services, determined through analysis, to meet specific objectives like minimizing costs or maximizing profit.

Surplus Inventory

Inventory exceeding the current demand, leading to excess stock that may require special handling or discounting.

Salvaged

Items or materials recovered for use or sale after being damaged, rejected, or abandoned.

Quantity Flexibility Contract

An agreement between a buyer and a supplier that allows the buyer to adjust order quantities based on actual demand within certain limits.