A Negotiated Price Is One That

question 184

Multiple Choice

A negotiated price is one that

• A)Provides the selling division with a normal profit.
• B)Provides the buying division with the lowest price available from outside suppliers.
• C)Is agreed to by both the buying and selling division.
• D)None of these ans choices are correct.

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Definitions:

Systematic Thinking

A methodical approach to problem solving or decision making that is organized and logical.

Moral Consequences

The outcomes of actions that are evaluated based on their rightness or wrongness according to ethical principles.

Bounded Ethicality

The concept that cognitive biases and organizational contexts can limit individuals’ ability to make ethically optimal decisions.

Organization's Ethical Standards

Comprise the principles, values, and norms that guide the behavior and decisions within an organization and among its employees.