Examlex
The sales manager for Baker Products told the shipping department to ship an order to a customer on the last day of December instead of the previously scheduled shipping date of January 2. This would allow the company to book the sales revenue in the year just ended and boost year-end profit. Although done deliberately to boost income, the action did not misrepresent any facts of the situation, and so it would not be considered unethical.
Income Inequality
The unequal distribution of earnings among individuals or households within a society or region.
Technological Change
The introduction of new methods of production or new products intended to increase the productivity of existing inputs or to raise marginal products.
International Monetary Fund
An international organization established to promote global economic growth and financial stability, to encourage international trade, and to reduce poverty around the world.
Wealth Holders
refers to individuals or entities that possess a substantial amount of assets, financial or otherwise.
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