A Manager of a Company Is Facing an Ethical Problem

question 113

Multiple Choice

A manager of a company is facing an ethical problem. He uses the formal process for ethical decision making to resolve the problem. Which of the following steps will he begin with?

• A) Defining the complete moral problem
• B) Determining the legal requirements
• C) Understanding all the moral standards and recognizing all moral impacts
• D) Proposing a convincing moral solution
• E) Evaluating the success of the solution

Understand the difference between arithmetic and geometric average returns.

Calculate and interpret dividend yield.

Understand the concept and calculation of the bullwhip effect in supply chains.

Identify the primary causes of the bullwhip effect and their remedies.

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Definitions:

Punishment

A consequence that reduces the likelihood of a behavior being repeated in the future.

Shaping

A method of training or teaching that involves reinforcing behaviors that are progressively closer to the desired behavior.

Secondary Reinforcer

A reinforcer that is acquired or learned through association with other reinforcers.

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced in operant conditioning.