Identify business ethics and explain how supervisors act ethically on the job
What will be an ideal response?
Ethics commonly refers to the rules or principles that define right and wrong conduct. Supervisors face ethical dilemmas. There are situations where you're required to define right and wrong conduct. By their comments and behavior, supervisors are a primary source for conveying an organization's ethical climate. For most employees, their supervisor is the only contact they have with management. As such, management's ethical standards are interpreted by employees through the actions of their supervisor. If supervisors take company supplies home, cheat on their expense accounts, or engage in similar practices, they set a tone in their work groups that is likely to undermine all the efforts by top management to create a corporate climate of high ethical standards.
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If the value of the collateral securing a secured loan is less than the secured interest, the secured creditor is an oversecured creditor
Indicate whether the statement is true or false
Management wishes to use a POQ lot-sizing rule for an item that experiences an average demand of 30 units per week. If the desired average lot size is 120 units, what should P be?
A) zero or one weeks B) two or three weeks C) four or five weeks D) more than five weeks