In Some Cases, Developing Systems That Provide Data in near Real

question 66

Essay

In some cases, developing systems that provide data in near real time is much more difficult and expensive than producing data a few hours later. Provide an example that supports this statement.

Understand the application and significance of Rokeach's value survey in evaluating individual and organizational ethical orientations.

Recognize rationalization strategies used to justify unethical behaviors.

Examine the principles of corporate social responsibility (CSR) and ethical business practices.

Understand the features of an effective ethics training program and its impact on organizational culture.

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Definitions:

Revealed Preferences

An economic theory that determines consumer preferences by observing their purchasing behavior rather than through direct inquiry.

Francs

A currency unit formerly used in France and some other countries, and still used in some territories.

Consumption

The process of using goods and services to satisfy wants or needs.

Revealed Preferences

An economic theory that infers preferences of consumers by observing choices made under budget constraints, instead of through direct inquiry of preferences.