Bill Is a Business Unit Manager at Good Products Inc

question 63

Multiple Choice

Bill is a business unit manager at Good Products Inc. He has inadvertently come across a competitor's business plan. Bill's first thought is to keep it and use it against the competitor. However, he returns it without looking at it because he feels that long term it is not in his best interest. Bill has a(n) __________ view of moral reasoning.*

• A) moral rights
• B) religious
• C) utilitarian
• D) individualism

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Definitions:

Invoice Price

The price indicated on an invoice which is the original cost of the product or service before any discounts or increases applied.

Perpetual Inventory Method

An accounting method that records inventory purchases and sales in real-time using technology to maintain accurate stock levels.

Credit Terms

The conditions under which credit will be extended to a customer, including the repayment time frame and any interest or finance charges.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, detailing the repayment period, discount for early payment, and the due date.