Answer:
The correct answer is letter "B": The decisions you make are constantly changing with imperfect information available.
Explanation:
Decision-making is complicated to be made through programmed systems because there are several variables to be considered in the process. The most important is that businesses are subject to <em>changes in the market that can happen suddenly</em>, meaning what could work today might not tomorrow.
Besides, the information entered in the system must be perfect to obtain an accurate outcome. However, decision-making is based on data that can be precise like the information portrayed in the financial books of the firm but<em> if there is a mistake committed, even if minimal, the programmed decision could fail.</em>
Answer: Yes
Explanation:
The construction company is entitled to compensation because it has a property right to enter and remove minerals.
The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.
Answer:
The correct answer is option D.
Explanation:
The ethical principles in business are not much different from the ethical principle in general. They are not separately based on some other special rules to judge business conduct. They are judged from the society's perspective of right and wrong.
There are two schools of ethical principles, namely, ethical universalism and ethical relativism. Universalism believe that the concept of right and wrong are universal. While, on the other hand, relativism school believes that they vary according to local customs.
Though universal ethical principles from different societies form a kind of informal contract that all individuals and organizations have to follow.
Failure to observe these principles not only corrode company's reputation but have also other adverse effects and costs involved.
The answer to this question is the term prices. Prices are the value of a certain product or services. A price is the value or amount of money being paid in exchange of the product being bought. In pricing a product or service, a markup is being set to the price.
Answer: Sustainability
Explanation:
The sustainability is the term which is used to refers to the economical activities that helps in maintain the present actual requirement and also understanding the future abilities.
The importance of the sustainability is that it helps in maintain the quality of our environment and also the various types of natural resources.
The following are some benefits of the sustainability are as follows:
- Reduce the cost
- Helps in reducing the waste
- Increase the productivity in an organization
- The business abilities get increased
According to the question, the sustainability is basically refers to the natural environment that has long term potential which include the various types of biological entities, business strategies and also the interaction with the environment.
Therefore, Sustainability is the correct answer.
