Identify and Explain the Three Schools of Thought About Ethical

question 98

Essay

Identify and explain the three schools of thought about ethical standards for companies with international operations.

---

Definitions:

Central Limit Theorem

A statistical theory that states that the sampling distribution of the sample mean will approach a normal distribution as the sample size becomes larger, regardless of the shape of the population distribution.

Test Statistic

A calculated value from statistical test data used to determine whether to reject the null hypothesis in favor of the alternative hypothesis.

Average Amount

The sum of a set of numerical values divided by the count of values, typically used to find the central or typical value in a data set.

Sleep

A natural and periodic state of rest for the mind and body, characterized by altered consciousness and reduced sensory activity.