In Assessing External Technological Trends, Benchmarking and Scanning Are Similar

question 61

Multiple Choice

In assessing external technological trends, benchmarking and scanning are similar in that both are concerned with

• A)what is being done currently.
• B)what can be done and is being developed.
• C)key technologies.
• D)pacing technologies.
• E)obtaining competitor's secrets.

Grasp the concept of ethical behavior and its cultural context dependence.

Understand the role of ethical frameworks and spotlight questions in ethical decision-making.

Comprehend the factors influencing ethical managerial behavior, including personal, organizational, and external factors.

Recognize the stages of moral development according to Kohlberg and their implications on ethical leadership.

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Definitions:

Greater Inequality

A situation characterized by a wider disparity in income, wealth, opportunities, and other socioeconomic indicators among individuals or groups within a society.

Gini Ratios

Measures of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Income Inequality

The uneven distribution of income within a population, where earnings are not equally distributed among individuals or groups.

Progressive Income Tax

A tax system where the tax rate increases as the taxable income of the taxpayer increases, aiming at a more equitable distribution of wealth.