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Mice21 [21]
3 years ago
14

Suppose you face a question regarding how to handle a defective piece of equipment that your company sold. To tell the customer

would cost you a substantial amount of money but if the equipment fails, it could lead to serious injury of the customer. You are choosing between three options presented by colleagues: a. Keeping quiet about the defect. b. Review company policy, industry practices, and advice from colleagues. c. Disclose the defect and suggest alternatives to eliminate the risk of injury. This decision employs which ethical approach?
Business
2 answers:
zvonat [6]3 years ago
7 0

Answer:

This decision employs by option 'c' is that of VIRTUE ETHICS ethical approach

Explanation:

Virtue theories provide a self-centered conception of ethics because human flourishing is seen as an end in itself and does not sufficiently consider the extent to which our actions affect other people. Virtue ethics also does not provide guidance on how we should act, as there are no clear principles for guiding action other than “act as a virtuous person would act given the situation.” Lastly, the ability to cultivate the right virtues will be affected by a number of different factors beyond a person's control due to education, society, friends and family.

Therefore, Disclosing the defect about the defective equipment and suggest alternatives to eliminate the risk of injury is that if a virtue ethics

Nezavi [6.7K]3 years ago
5 0

Answer:

c

Explanation:

Disclose the defect and suggest alternatives to eliminate the risk of injury.

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If a one-year adjustable-rate mortgage loan (ARM) is originally offered at 7% interest with "caps of 1 and 6," the interest rate
ozzi

Answer:

This will be false

Explanation:

Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.

3 0
3 years ago
Assume that the risk-free rate is 3.5% and the market risk premium is 6%. 1. What is the required return for the overall stock m
Radda [10]

Answer:

9.5 %

17.3%

Explanation:

The market required rate of return = risk free rate + ( Market Beta × Market risk premium)

= 3.5% + (1 × 6%) = 9.5%

The stock required rate of return = 3.5% + (2.3 × 6%) = 0.173 = 17.3%

I hope my answer helps you

6 0
3 years ago
Across mass marketing, niche marketing, and one-to-one marketing, the underlying method of dealing with heterogeneity is the sam
katovenus [111]

Across mass marketing, niche marketing, and one-to-one marketing, the underlying method of dealing with heterogeneity is the same: focus on smaller group such that the needs of each group are similar until the focus reaches individual customer.

<h3>What is the mass marketing?</h3>

Mass marketing is used to refer to the type of marketing that is done on a large scale. In this type of marketing, the producers would have to ignore the segments that may exist in the market.

Hence they would have to market the product to the entire market so that it gets to a larger audience hence it may bring about a greater market for the producer.

Read more on marketing here: brainly.com/question/25369230

#SPJ1

5 0
2 years ago
Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
Finger [1]

Answer:

c. Persistent excess capacity

Explanation:

Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.

8 0
3 years ago
Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?
sertanlavr [38]

Answer:

2

Explanation:

It’s just right, trust

3 0
3 years ago
Read 2 more answers
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