Platonic Inc

question 112

Multiple Choice

Platonic Inc., a wedding consultant, has decided to integrate ethical decision making into its strategic planning process.
-In the implementation phase, Platonic must consider whether:

• A)the firm's activities have a negative impact on any stakeholder group.
• B)the firm is prepared to support the development of an ethical climate that would maintain a strong ethical position.
• C)there exist any new circumstances that require a change in strategy to avoid ethical issues.
• D)the firm is prepared in the event of an ethical lapse.
• E)the strategies aimed at its target market are appropriate and ethical.

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Definitions:

Fixed Manufacturing Expenses

Costs associated with production that do not change with the level of manufacturing output, such as salaries of managerial staff or rent of the production facility.

Fixed Selling

A category of expenses that do not vary with the level of production or sales, such as salaries of sales personnel and advertising costs.

Administrative Expenses

Overhead or general expenses related to the management and general operations of a business, including salaries of executive personnel, accounting, and HR.

Tour Director

A professional responsible for managing and guiding travel groups throughout their itinerary, ensuring a pleasant and organized trip.