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Yuki888 [10]
3 years ago
8

In business, managers and employees are faced with many decisions. Management writer Ken Blanchard and religious leader Norman V

incent Peale provide a set of questions individuals should ask themselves when facing an ethical dilemma. Which of the following is not one of those questions?
Business
1 answer:
QveST [7]3 years ago
6 0

Answer: In order to answer this, we must first add the options. They are as follows:

A. Am I acting fairly?

B. Is it balanced?

C. How will it make me feel about myself?

D. Will it help me further my career?

E. Is it legal?

The correct option is D. Will it help me further my career. This is a question that should NOT be asked when facing an ethical dilemma.

Explanation:

Ethics are moral principal that guide one's actions and attitudes. Now, all the options above can be properly weighed using ethical standards.

An Ethical dilemma is a situation in which a choice must be made between two options, neither of which will resolve the situation in an ethically acceptable manner.

We will analyze the options one after the other.

Let us start with option A. Am I acting fairly?

When faced with an ethical dilemma, one good question to ask is if an individual is acting fairly, that is, are they acting according to accepted ethical standards? If one's actions go contrary to ethics, then they should probably not undertake such an action. Therefore, this question SHOULD BE ASKED.

Option B. Is it balanced?

Balance here talks about equality. In this case this question looks at whether the action will favour one party over another, or if it will favour everyone equally. Therefore, this question SHOULD BE ASKED.

Option C. How will it make me feel about myself?

This question looks at the after effect of an action, if the action will make you feel good or bad about yourself later on. If the action will make you feel good, then it should be undertaken, but if it will make you feel bad, it should not be undertaken. Therefore, this question SHOULD BE ASKED.

Option D. Will it help me further my career? (Correct option)

This is a wrong question to ask when experiencing an ethical dilemma because it is not a question about ethics or morals, only career advancement, and it does not focus on the right or wrong of an action. Also, this is a selfish question to ask and it does not take into consideration the effect that the action will have on others. This question should therefore, NOT BE ASKED, because it is not a proper reflection of one's ethics.

Option E. Is it legal?

This question looks at the legality of an action, therefore illegal actions should not be undertaken, while legal actions should be pursued. This is a question that SHOULD BE ASKED.

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The concept of risk and return is subjective for different people, as well as for corporations.
Juli2301 [7.4K]

Answer:

Risk and Return

1. Joe is an average investor. His financial advisor gave him options of investing in stock A, with a σ of 12%, and stock B, with a σ of 9%. Both stocks have the same expected return of 16%. Joe can pick only one stock and decides to invest in stock B.

Good Financial Decision?

Yes

No

2. Marcie works for an educational technology firm that recently launched its employee stock option plan (ESOP). Marcie allocated all her investments in the ESOP.

Good Financial Decision?

Yes

No

3. rin wants to invest in a hedge fund that has had a very strong performance track record. The hedge fund has given its investors a return of over 60% for the past five years. Although Erin is tempted to put her money in the fund, she decides to conduct due diligence on the hedge fund’s assets, because she is aware that past performance is no guarantee of future results.

Good Financial Decision?

Yes

No

Explanation:

1. Joe's decision to invest in stock B is a good financial decision.  Since both investments have the same returns, the decision on which investment to take shifts to the standard deviation of the returns, which specifies the variability of the returns.  Invariably, the investment with less standard deviation should win the vote.  Therefore, Joe's decision is a good financial decision because investment in B has a standard deviation of 9% unlike A's 12%.

2. Putting all eggs in one market as Marcie had done by allocating all her investments in the ESOP is not a good financial decision, theoretically.  It is always best to spread the risks, though higher-yielding investments (returns) bear higher risks.

3. The decision of Erin to conduct due diligence on the hedge fund's assets, despite its past performance is a good financial decision.  Due diligence reveals some behind-the-scene information that are instrumental in making sound business decisions.  Who are the present managers of the fund?  What systems are in place in the entity to guarantee similar future performance, all things being equal?  What market's sentiments and information are available for consideration?  These questions, and many others can be answered through a due diligence.  Surely, "past performance is no guarantee of future results."

3 0
3 years ago
Departmental Overhead Rates Lansing, Inc., provided the following data for its two producing departments:
QveST [7]

Answer and Explanation:

The computation is shown below:

1. Overhead rates

For Molding Deptt

= Total Estimated overhead ÷ Total Machine hours

= $400,000 ÷ 5,000

= $80 per machine hour

For Polishing Deptt

= Total Estimated overhead ÷ Total Labor hours

= $80,000 ÷ 20,000

= $4 per machine hour

2. Overheads assigned to Form A is

= (80 × 3500) + (4 × 5000)

= $300,000

Overheads assigned to Form B is

= (80 × 1500) + (4 × 15000)

= $180,000

Now

Overhead cost per unit

Form A = $300,000 ÷ 30,000 = $10 per unit

Form B = $180,000 ÷ 50,000 = $3.6 per unit

4 0
3 years ago
Using _____ information will help you determine whether an industry is expected to increase employment.
zhuklara [117]
Career outlook is the correct answer
3 0
3 years ago
Read 2 more answers
Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
Brrunno [24]

Answer:

It will purchase 3 cans

total consumer surplus    0.70

Explanation:

the market price is 0.55

It will purchase up to three cans. the fourth can he is willing to purchase at 0.40 but the price is 0.55 so it won't trade for that one.

<u>consumer surplus:</u>

difference between the amounts he was willing to pay for each unit and the market price:

first can        0.95 - 0.55 = 0.40

second can 0.80 - 0.55 = 0.25

third can      0.60 - 0.55 = 0.05

total consumer surplus    0.70

5 0
3 years ago
Rhed Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day
REY [17]

Facility expenses in the flexible budget comes out to be $24,260.

<h3>What is flexible budged?</h3>

A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.

Calculation for the facility expenses in the flexible budget for December:

The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-

Facility expenses in the flexible budget = Variable + Fixed

                                                                  = (3650*4.40) + 8200

                                                                  = 16,060 + 8200

                                                                   = 24,260

The wages and salaries in the planning budget for December would be closest to $24,260.

To know more about the flexible budget, here

brainly.com/question/25353134

#SPJ4

6 0
2 years ago
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