Moral issues in business - Study guides, Class notes & Summaries

Chapter 3 Multiple Choice 1. Identify the attribute that is not normally associated with the job of functional manager. a) The functional manager is usually a generalist in the area being managed. b) The functional manager is responsible for deciding what resources will be devoted to accomplishing the task. c) The functional manager is administratively responsible for deciding how something will be done. d) The functional manager is responsible for deciding who will do the work. Ans...

Life & Health Insurance Exam (Answered) With Complete Solution 100% Rated Insurance transfer of risk Speculative risk has a possibility of both loss and gain Pure risk only has a possibility of loss (no gain) Exposure risks for which an insurance company would be liable expressed in units Peril cause of a loss Hazard an increase in the chance of loss Moral hazard arise from people's character (faking a loss) Morale hazard state of mind or careless attitude (accidentally lea...

EST1501 Assignment 2 (DETAILED ANSWERS) 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... QUESTION 1: ENGLISH GRAMMAR AND LANGUAGE [10] Read the sentences below and fix the grammar and language errors that appear: 1.1 The boys runs fast through the park every morning. 1.2 I wanted to go to the store I needed some groceries but I didn't have time to get there before it closed. 1.3 When we were growing up, my brother grumbled (frequently, frequent...

TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns are all benefits of ef...

Conduct and Practices Handbook (CPH) Exam 136 Questions with Answers Duty of care - CORRECT ANSWER This refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

WGU C202 (Managing Human Capital) Final Exam Questions With Verified Answers Latest 2023/2024 | 100% Correct. virtue standard - ANSWER the ethical action is consistent with certain ideal virtues including civility, compassion, benevolence, etc. "Is this action consistent with my best behavior?" e.g. companies recalling a product quickly after they find out it is dangerous three types of systemic errors - ANSWER 1. Omission errors 2. Remission errors 3. Commission errors omission errors ...

HRM3704 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 (367713) - DUE 31 October 2024 | Course Contemporary Issues in Human Resource Management (HRM3704) | Institution University Of South Africa (Unisa) | Book Contemporary Issues in Human Resource Management Question 1 [17] Read the following case study and then answer questions 1.1 and 1.2 KOYO KOYO is one of the world’s largest international computer manufacturers. It is based in one of the countries in Europe, with subsidiaries wo...

When an individual chooses his or her ideal career, it is most likely a reflection of one's - values Of the following, which is not considered a basic management function necessary to be an effective manager? yelling at people controlling leading and motivating organizing - yelling at people Cultural diversity represents - the differences among people in the workforce The ability for a manager to think in abstract terms while envisioning the "big picture" falls into the category of ...

What are the Elements of our Corporate Character? Correct Ans - Professional Thorough High Principles & Moral Values High Standards of Performance Spartan Approach Enthusiastic Competitive Urgency Positive Discontent What is Cintas' Union Philosophy Correct Ans - Open Communication mutual respect between partners and managers The right to say "Yes" and the FREEDOM to say "No" What is the Principle Objective? Correct Ans - We will ex...

RSK 4802 EXAM PACK 2022 JANUARY /FEBRUARY 2016 QUESTION1.1 ai) Risk management is an important process because it empowers a business with the necessary tools so that it can adequately identify and deal with potential risks. Once a risk has been identified, it is then easy to mitigate it. In addition, risk management provides a business with a basis upon which it can undertake sound decision-making. -For a business, assessment and management of risks is the best way to prepare for even...