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.
Answer:
Establishing and defining the client-planner relationship is the first step in the financial planning process.
<u>Explanation:</u>
Financial planning is a technique that determines how a business or an organization plans to achieve its goal and objectives. This plan enables the necessary activities, resources, and materials used to achieve the objectives of a business.
The financial planning process typically involves 6 major steps to clear the organization objectives.
- First step is used to determine the financial status of an organization based upon incomes, savings and profits earned.
- The second step defines the needs and wants of an individual in framing his goal.
- The third step is used to develop alternate methods in solving problems.
- The fourth step evaluates the alternate methods and it suggest the best alternative to be followed.
- The fifth step suggest the individual to take necessary action to achieve their goals.
- The sixth step implements the method of revising and rescheduling the actions as per the plan to clear the objectives.
Explanation:
Factors that affect food storage:
Temperature: The temperature at which food is stored is very critical to shelf life.
Moisture: It is recommended to remove moisture when storing foods.
Oxygen: Foods store best when oxygen free.
Light: Light, a form of energy that can degrade the food value of foods.
Hope it's helpful to you
Answer:
Demand for luxury cars will decrease massively today.
Explanation:
Demand for Luxury items is highly Elastic (>1). This means that quantity demanded will respond proportionately higher to price change.
Future Expectations about price also determine demand.
- If prices are expected to fall in future, demand will decrease today (postponed at future lower prices). If prices are expected to rise in future, demand will increase today (reduced at future higher prices).
- However its important that these are not necessity goods, whose consumption urgency makes their demand inelastic i.e less respondent to price.
So : Luxury Cars having Elastic Demand, coupled with future lower prices & better credit facilities - will reduce their demand massively today, as it's expected to be highly demanded in future period rather than current period
Answer:
B.cash flow
Explanation:
Cash flow indicates the incomings and outgoings of cash within an organization. Since Cindy's company is struggling with paying bills on time, that implies a discrepancy in the named in and out cash flows (outgoing payments are not released on time). Usually, cash flow is an indicator that tells us if a company is efficient in paying its debts on time.
