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Suppose a Firm Manager Has a Base Salary of $75,000

question 130

Multiple Choice

Suppose a firm manager has a base salary of $75,000 and earns 1.5 percent of all profits.Determine the manager's income,if revenues are $10,000,000 and profits are $5,000,000.

Discriminate between different stakeholders and their roles within corporate social responsibility.
Explain the concept and importance of ethical values in managerial decision-making.
Understand various ethical views (utilitarian, individualism, justice) and their application in business scenarios.
Differentiate between instrumental and terminal values and their relevance to business ethics.

Definitions:

Americans with Disabilities Act

An act established to safeguard individuals with disabilities from exclusion in areas accessible to the general public.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or dependence.

OFCCP

The Office of Federal Contract Compliance Programs, a U.S. Department of Labor agency responsible for ensuring that employers doing business with the Federal government comply with non-discrimination and affirmative action laws.

Federal Anti-Discrimination Laws

Legislation enacted by the federal government to prevent discrimination in employment and other areas based on race, color, religion, sex, national origin, age, disability, or genetic information.

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