A Factory Which Relies on Highly Technical Machinery, May Choose

question 3

Multiple Choice

A factory which relies on highly technical machinery, may choose to reduce their overall leverage position by

• A) selling their machinery
• B) increasing their accounts receivable
• C) utilizing a higher level of equity
• D) decreasing their variable costs per unit

Grasp the purpose and functions of an ethics committee within an organization.

Comprehend the role of incentives and motivation in aligning employee efforts with organizational objectives.

Recognize the ethical issues associated with centralized organizational structures and communication barriers.

Understand the concept of power in organizational relationships and its ethical implications.

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Definitions:

Service Marketing Strategy

Approaches and methodologies used specifically for marketing services, focusing on the unique characteristics of services like intangibility and inseparability.

Inseparability

A characteristic of services that denotes the simultaneous production and consumption, meaning the service cannot be separated from its provider.

Off-Peak Pricing

Pricing strategy that offers lower prices during times of less demand to encourage usage or purchase during those times.

Matinee Movie Pricing

Reduced pricing offered for movie showings that take place during the daytime, typically before 5 PM.