How Might a Company Benefit from Its Own New Product

question 76

Multiple Choice

How might a company benefit from its own new product?

• A)by increasing product complexity
• B)by increasing cost of components
• C)by decreasing component commonality with their other offerings
• D)by decreasing assembly time

Explain the concept of moral, amoral, and immoral managers and their impact on ethical decision-making.

Understand the mechanisms for instilling ethical behavior in an organization.

Recognize the challenges and barriers to ethical whistleblowing in the workplace.

Analyze the role of ethical role models and management in setting organizational ethical standards.

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Definitions:

Strategy

A plan of action designed to achieve a long-term or overall aim, often involving the deployment of resources in a competitive context.

Structure

The arrangement or organization of interrelated elements in a material object or system, or the organization of parts as dominated by the general character of the whole.

Bureaucratic

Relating to a system of government or organization that is managed by departments staffed with non-elected officials, often criticized for excessive procedural complexity.

Adapting

The process of making adjustments or changes in behavior, strategy, or operations in response to external conditions or challenges.