One Managerial Implication of the Justice Model Is That Managers

question 17

Multiple Choice

One managerial implication of the justice model is that managers should base their decisions on:

• A)The effects on stakeholders' rights
• B)What provides the maximum benefit to most stakeholders
• C)Whatever promotes a fair distribution of outcomes
• D)Arbitrary factors
• E)The organization's culture

Understand the goal alignment and misalignment in marketing channels.

Comprehend the principles of cooperative and competitive relationships within the supply chain.

Understand the basic concepts and terminology related to supply chain and inventory management, such as advanced shipping notices, just-in-time (JIT) systems, quick response (QR) inventory systems, and radio frequency identification (RFID) tags.

Comprehend the various types of inventory systems and their advantages in improving product availability and reducing inventory costs.

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Definitions:

Short-term Loan

A loan scheduled to be repaid in less than a year, used for immediate cash flow needs.

Convertible Debt

A type of financing where a loan made to a company can be converted into equity, usually upon the occurrence of future financing rounds.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, which represents the residual value to shareholders after debts and liabilities have been settled.

Startups

Early-stage companies often characterized by their high growth potential and innovative business models or technologies.