When a Company Considers the Possibility That What Is Best

question 2

Multiple Choice

When a company considers the possibility that what is best for their shareholders,such as increased profits,may not be best for their employees and the community if the most efficient means to achieve those increased profits is to close their factory and move production overseas.This is an example of a ______.

• A)relational conflict
• B)conflict of interest
• C)ethical ambiguity
• D)value chain

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Definitions:

Technological Capabilities

The skills, knowledge, tools, and processes available to an individual, organization, or society that enable technological developments or innovations.

Comparative Advantage

The capacity of a person, business, or nation to create a product or offer a service at a reduced opportunity cost compared to their rivals, thereby gaining specialized production and advantages in trade.

Production Possibilities

The different quantities of goods that an economy can produce with a certain set of resources and technology.

Natural-Resource Abundant

Refers to countries or regions possessing significant amounts of valuable natural resources, such as minerals, oil, or fertile land, which can contribute to their economic growth and development.