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Businesspersons Who Would Choose to Act Unethically May Be Deterred

question 36

True/False

Businesspersons who would choose to act unethically may be deterred from doing so because of public opinion.

Distinguish between core and non-core functions and their suitability for outsourcing.
Comprehend the process of selecting an outsourcing partner, including the importance of reference checks and quality assurance.
Understand the concept of competencies as sources of competitive advantage and how outsourcing affects organizational competencies.
Understand what HR functions are most commonly outsourced and why.

Definitions:

Direct Labor

The wages or costs associated with workers who are directly involved in the manufacturing or production of goods or services.

Direct Materials

Raw materials that are directly attributed to the production of a product and are easily traceable to the manufacturing process.

Variable Overhead

Costs that vary with the level of production output, such as utilities for manufacturing equipment, which increase as production increases.

Fixed Overhead

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance expenses.

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