All of the following statements are requirements for the process of making ethical decisions, except ______

Which of the following is true about ethics and the different functions of business? *a. Externalities should always be avoided.b. Marketing should be avoided because it can influence individuals' perceptions of and interactions with people.c. When faced with business ethics, the stockholder will always prevail in the decision making.d. The principal can influence the actions of the agents by giving rewards or punishments.

ASSIGNMENT ONE Critical thinking is important for making judgments about sources of information and forming your own arguments. It emphasizes a rational, objective, and self-aware approach that can help you to identify credible sources and strengthen your conclusions. Critical thinkers use skills which enable them to analyse information and process it rationally to determine the value of the information and make a decision: (i) Critically explain four (4) areas of how critical thinking skills are developed; and (ii) Justify that lateral thinking is a manner of solving problems using an indirect and creative approach through reasoning that is not immediately obvious. And in the process clarify the above assertion by defining four (4) types of thinking tools:

Which of the following is a normative argument for why firms should behave ethically?   a. To meet the firm's legal obligations   b. To increase the firm's profitability   c. To ensure that the firm does no harm   d. To honor the demands of the firm's stakeholders   e. To create a competitive advantage in the firm's market

Do ethics get in the way of success in sales? Why or why not? Give an example. Answer must be least a paragraph long

What is a disadvantage of an ethical code of conduct. a. It’s entirely voluntary. b. It has no legal impact. c. All of these. d. It may not apply to new issues.

A situation with uncertaintly about what is right to do from a moral or ethical perspective:   a. Ethical strategy b. Ethics c. Business ethics d. Ethical Dilemma

Which one of the following statements is correct about fundamental ethical principles? O a. It provides the non-acceptable framnework which pave way for a biased ethical decision O b. It does not provide real guidance on resolving ethical issues. O c. It provides a complicated framework towards resolving ethical problems among families O d. It provides a generalized framework within which particular ethical dilemmas may be analyzed tenovo

Ignoring legitimate alternatives is an ethical lapse associated with which step of the decision process? a. construct a model b. predict each alternative's outcomes or consequences c. identify feasible alternatives d. select the criterion to determine the best alternative

35) To be a 'first-mover’, it is necessary to: Be the first to complete basic research and development Be the first to have an incremental improvement on an existing product Both a and b Neither a nor b