Answer: Gathering information
Explanation: Ethical decision making involves evaluating and choosing among different options in a way that is consistent with ethical principles. The best way to do this is to eliminate the unethical choices and choose the best alternative option.
There are various steps involved in this process. These are listed below:
1. Gather info
2. Define the ethical problem
3. Identify the parties that are affected
4. Identify the consequences
5. Identify the the principles
6. Evaluate the options
7. Choose the best option
8. Implement the decision
Professor Thompson has decided to wait until the class period ends, take both tests and compare their answers. After that she will decide what to do about the situation. Professor Thompson has thus entered the first step, which is to gather information. She doesn't want to jump to conclusions without gathering all the facts, so she is going to acquire as much info as she can about the situation before continuing. All these points add to the fact that Professor Thompson is entering the first step towards making the best ethical decision.
On the off chance that finished with care and thinking ahead, changing work methodology can build profitability. Be that as it may if done shamefully, doing as such can without much of a stretch be counter profitable.
This incorporates knowing the dangers of their occupations and their work environment and knowing how to control these risks. Having composed safe work practices and techniques is a fundamental part of an OH&S program. A training is an arrangement of rules to enable specialists to play out an assignment that may not require a well-ordered strategy.
Answer:
<u>1) reduce</u>
<u>2) increase</u>
<u>3) a, b</u>
<u>Explanation:</u>
1. This would reduce the demand for steel workers because the steel serves as the company's output. Since low price of output means low profit, which leads to low demand for labor.
2. Increase in the demand for automobile workers would be observed because the cost of materials are now cheaper; Implying more profit for companies and thus more demand for labor.
3. Giving unemployment insurance benefits is one best method to reduce this type of unemployment. Also facilitating a widely used job-search website could help.
According to the theory of constraints, it is not right for the manufacturers to match the capacity with the demand by balancing capacity across a sequence of processes.
Answer: True
<u>Explanation:</u>
The theory of constraint is that theory where the importance is given to that factor which acts as a constraint in the production process. The limiting factor is identified here because it is considered as a bottleneck and reduces the productivity.
The manufacturers should not try to match capacity with the demand of the good in the process. Unbalanced capacity is considered better in this theory.
Answer:
The demand curve would shift to the right
Explanation:
A monopolistic competition is when there are many buyers and sellers of differentiated goods.
Producers in a monopolistic competition usually engage in advertising.
Advertising increases the awareness of a good or service to consumers which should increase the demand for the good. Increase in demand for the good, would shift the demand curve of the good to the right.
I hope my answer helps you
