True.
The Principle of Utility says actions are <u>right </u>when they promote happiness or pleasure, and wrong when they cause unhappiness or pain. So in order to figure out if something is right or wrong you will first have to know if it promotes happiness.
Answer: Internal Environment
Explanation: An organization's internal environment refers to all relevant forces inside a firm's boundaries, such its mangers, employees, resources, and organizational culture.
Answer: Option (C) is correct.
Explanation:
Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.
For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.
Suppose the capital and labor increases by 10% then as a result output also increases by 10%.
Answer:
The correct answer is letter "C": An ethnocentric.
Explanation:
An ethnocentric company is the type of organization that promotes the culture of its own culture among employees and focuses on providing local workers with the best opportunities possible so they can be competitive. These firms have a nationalistic approach and have the main goal of contributing to their country's development.
