Which of the Following Is NOT One of the Five

question 40

Multiple Choice

Which of the following is NOT one of the five things an international business and its managers can do to make sure ethical issues are considered in business decisions?

• A)Favor hiring and promoting people with a well-grounded sense of personal ethics.
• B)Develop moral courage.
• C)Build an organizational culture that has a high value on ethical behavior.
• D)Put decision-making processes in place that requires people to consider purely the economic dimension of business decisions.

Understand and apply absorption costing techniques.

Understand and apply variable costing techniques.

Prepare and analyze income statements under both absorption and variable costing.

Reconcile differences between absorption costing and variable costing net operating incomes.

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Definitions:

Compensation Surveys

Research conducted to gather and analyze competitive salary data, used by organizations to benchmark their compensation packages.

Labour Market

The supply and demand for labor, where employers seek to hire workers and workers seek employment.

Market Values

The current price at which an asset or service can be bought or sold in the market.

Third-party Surveys

Research or assessments conducted by an external organization that is not directly involved with the subjects being studied.