Questions
1. A social contract view of morality regards general agreement to follow certain rules or guidelines...

1. A social contract view of morality regards general agreement to follow certain rules or guidelines for behaviour to be

Select one:

a. something only the weakest members of society would want.

b. something people would only accept if they also believed in God.

c. something every rational individual would want.

d. something that threatens free enterprise.

Question 2.

It's pretty clear that all shareholders have an interest in the long term growth of the companies they are invested in.

Select one:

True

False

Question 3.

One important moral reason why businesses should take care to ensure their advertising is not deceptive is

Select one:

a. To ensure the integrity of contracts with customers

b. They will encourage everyone to lie.

c. Deceptive advertising will become morally acceptable

d. None of the above

Question 4.

The free market is inherently designed to provide a living wage to workers.

Select one:

True

False

Question 5.

What is the best normative premise implied by the following argument:

Your corporation has received tax breaks, interest free loans, and even direct financial assistance from our government. You cannot now close down a very profitable factory here and move to Mexico just because you can get cheaper labour and so make bigger profits.  

Select one:

a. The only obligation of a business is to maximize shareholder value

b. A business has obligations to those who have assisted it.

c. Canadians have a right to a good income.

d. A business should never accept government assistance.

Question 6.

Moral disagreements can involve

Select one:

a. A disagreement over the facts.

b.  A disagreements over the law.

c. A disagreement over both the law and facts.

d. Neither facts or the law.

Question 7.

Which statement best characterizes the stakeholders model for business ethics?

Select one:

a. Businesses should not seek or accept public funding.

b. A business should always be on the lookout for new opportunities.

c. Businesses have obligations to several different groups.

d. Workers and creditors also own the business they have a relationship with.

Question 8.

What is meant by the term “social license”?

Select one:

a.   The issuing of legal documents permitting a practice.

b. Implied public permission for, or acceptance of, a particular kind of activity such as business.

c. Provisions for preserving traditions deemed to be under threat.

d. A license to engage socially.

Question 9.

History shows that the less ethical a company is, the more successful it is in the long run.

Select one:

True

False

Question 10.

Which of these constitute a problem for shareholder activism?

Select one:

a. Government regulations.

b. Buy and hold investors.

c. Day Traders.

d. Ethical Business Management.

In: Operations Management

Please give me a variety of hypothetical scenarios. For each scenarios, explain the reasoning behind your...

Please give me a variety of hypothetical scenarios. For each scenarios, explain the reasoning behind your answer. (a). You are the owner of a new cauliflower pizza crust manufacturer. The pizza crusts are made primarily of cauliflower and brown rice flour. Your factory supervisor takes the initiative and decides to place an order for more brown rice flour from one of your suppliers while you are out of town. Since the brown rice flour was necessary for keeping operations going while you were gone. You happily pay the supplier for the order when you get back in town. The same employee starts to place new orders for brown rice flour anytime supplies are low, and even though you never gave him formal permission to do this you keep paying the supplier. However, one day you notice that the price that the supplier of brown rice flour is asking is higher than the going rate with other suppliers. You call the supplier and ask for a reduction in price, because you assert that the employee, the factory supervisor, was not authorized to place the order in the first place. Do you think the supplier might insist on getting his original price even though you say the employee was not authorized to place the order? Explain (b). You are the owner of a beachside restaurant, and you have fallen behind for many months on your loan repayments to the bank (you owe a total of $100,000). The bank has become fed up and now wants you to hand over all of your remaining company funds to pay back the loan. However, the summer tourist season is coming up in a few months and this is where you typical do 60%-70% of your business for the year. Without your company funds you will not be able to pay your rent and pay your staff, so you will not be able to pay back the bank until after the summer season. If you end up needing to file for bankruptcy, what type do you think would be most appropriate for this situation? (c). Now suppose that you decide to open up a full-service 24-hour auto repair shop. Your shop is the only one that is open 24 hours a day in your home town. In fact, you are pretty sure it is the only 24-hour auto repair shop in the state. Your business is now a great success, but you had a great deal of trouble finally finding an auto mechanic willing to work the late shift. You are now concerned that this mechanic can leave you at any time and go open or help someone else open up a 24-hour shop. You decide to make him sign a noncompetition agreement saying that if he ever leaves your shop he cannot work as an auto mechanic anywhere in your state for the next seven years. He looks at you and says, "Are you out of your mind?" What alternative terms of a noncompetition agreement do you think would be more reasonable?

In: Operations Management

As a technical sales engineer, Avery is responsible for selling her company’s integrated circuit test systems....

As a technical sales engineer, Avery is responsible for selling her company’s integrated circuit test systems. Each of these systems costs approximately one million dollars and Avery’s sales goals are to sell at least ten of these systems per revenue quarter.

These sales expectations are in place because Avery’s company is trying to go public (IPO). In order to do so, they must be profitable for five quarters in a row. Therefore, there is enormous pressure from the company’s investors and board to meet the assigned sales goals.

As the end of the fifth quarter approaches, Avery realizes she is one sale short of reaching her goal. When she approaches her manager to let him know that she will not be meeting her goals, he explains to her a way to get around the problem. He tells her that when he was a sales engineer, he would approach customers who he knew would soon be purchasing a system. He would get the customer to place the order and receive a price discount if they come to the factory, be shown an empty shell of a system that was not yet built, and sign paperwork documenting their acceptance of the unbuilt system as if it was already built. That way the order could count as part of this quarter’s profits, but the customer would not have to pay for the order until the next quarter.

Avery’s manager explains that when he was a salesperson the practice was a common way of meeting sales goals. Additionally, he suggests to Avery that he would look the other way if she were to falsify a customer acceptance report and reminds her that the company will only be able to go public if she meets her sales goal. If she fails to meet her goal, the IPO will be postponed at least a year and so will her IPO profits and the profits of all the other employees and shareholders.

a.       List the main reasons Avery has for going along with her manager and the reasons why she should not.

b. You now need to determine what Avery should do and to justify your judgement. To justify your judgement provide a principle that will make the reasons you side with (from a) more important than the reasons for Avery not doing what you think she she do.

c. Now justify your principle -- Why non-selfish reasons does anyone have for accepting this principle?

In: Operations Management

1) Which of the following tools for identifying possible causes of problems or defects is used...

1) Which of the following tools for identifying possible causes of problems or defects is used to push team members to think about the root cause and prevent the team from being satisfied with superficial solutions that won't fix the problem in the long run?

Multivoting

Affinity Diagram

Pareto charts

5 Whys

2)

With respect to 5S, which of the following Japanese terms refer to arranging materials and equipment so that they are easy to find and use?

a.

Seiso

b.

Seiton

c.

Seiri

d.

Shitsuke

3)

Which of the following is NOT an attribute of an organizational culture that drives continuous improvement?

a.

Individuals need to feel like they have autonomy and control over their jobs.

b.

Team members need to feel that they belong to a team.

c.

Team members need a degree of security.

d.

Jobs must be designed to be simple and straightforward.

4)

At a metal working machine shop, parts are produced for assembly into units of heavy equipment. At the end of each production run, two lots of 200 units each are inspected for defects or nonconformities. Over 20 production periods, the average number of defects is 8.8 per lot. What is the appropriate type of control chart to use to analyze the state of control of the number of defects per lot being produced by this process?

a.

c chart

b.

Individual Measurements and Moving Range charts

c.

p chart

d.

Xbar and R charts

In: Operations Management

companies and countries need to have defense polices and store data more securely. cybersecurity is both...

companies and countries need to have defense polices and store data more securely. cybersecurity is both cultural and psychological. based on the cultural differences in russia and brazil, what are cybersecurity threats and how would you defend agsinst tgose threats ?

In: Operations Management

Assume that you are preparing to interview a group of applicants for flight attendant positions since...

Assume that you are preparing to interview a group of applicants for flight attendant positions since you work for an airline.

Prepare a set of 5 behavioral questions (or situational questions) including the possible answer choices and your scoring scheme.

Explain why you consider certain responses to be superior and how does the theory help you in preparing these questions (based on the chapter on interviewing).

In: Operations Management

Hi, can you answer this question in more detail? Subject: Project Management Question: Consider the criteria...

Hi, can you answer this question in more detail?

Subject: Project Management

Question:

Consider the criteria for successful IT projects. Why is IT project success often so difficult to assess? Make a case for some factors being more important than others.

(Words: 800 Don't direct copy)

In: Operations Management

Write about "Managing Corporate Culture" add information edit responses of others give examples of this culture...

Write about "Managing Corporate Culture" add information edit responses of others give examples of this culture in various organizations and in countries.?

In: Operations Management

Can you provide a step by step process on how to calculate the estimated value from...

Can you provide a step by step process on how to calculate the estimated value from a decision tree? Can you provide how to calculate the risk value from a decision tree?

In: Operations Management

The following are examples of biological health risks: Question 1 options: Short men have an increased...

The following are examples of biological health risks:

Question 1 options:

Short men have an increased risk for heart disease.

Being obese causes an increased risk for developing diabetes.

Exercise reduces heart disease.

All of the above

First and second only

Question 2 (1 point)

Capitation is a form of managed care that pays providers of care on a fee-for-service basis.

Question 2 options:

True
False

Question 3 (1 point)

Studies have shown that people who have insurance behave differently and overutilize healthcare services, increasing the healthcare costs in America. This is known as moral standards.

Question 3 options:

True
False

Question 4 (1 point)

Accountable Care Organizations (ACOs) were developed to _________.

Question 4 options:

mandate the purchase of health insurance

link quality care to performance of providers of care

provide cost-effective services and decrease costs

second and third only

all of the above

Question 5 (1 point)

Characteristics of a cost-effectiveness analyses might include ________.

Question 5 options:

evaluation of alternatives

an average cost-effectiveness ratio

an incremental cost-effectiveness ratio

program specification

all of the above

In: Operations Management

As a maintenance manager, your task is to apply project management tools and techniques towards planning...

As a maintenance manager, your task is to apply project management tools and techniques towards planning of your maintenance project. Think of your own project (for example, refurbishing of a boiler plant) and report on how you would go about planning such a project. Indicate all the equipment involved in your project, maintenance activities, allocation of human resources and all costs involved. Show the following in the process of planning your project:

1. Project definition

2. Work breakdown structure

3. Cost Plan

4. Network diagram

5. Resource chart

In: Operations Management

what intuitively occurs to us about the legal environment of doing international business vis-a-vis our supply...

what intuitively occurs to us about the legal environment of doing international business vis-a-vis our supply chain notions?

In: Operations Management

I want an analysis of this case. In recent years, a number of countries around the...

I want an analysis of this case.

In recent years, a number of countries around the world have experienced banking crises, eroding trust in the system. Enter Bitcoin, a form of electronic currency that can be transferred from one person to another via peer-to-peer networks, without the need for a bank or other financial institution as intermediary. This ability to operate outside the banking system has made Bitcoin a favorite of hackers and buyers and sellers of illicit goods and services; but more recently, it has made Bitcoin a darling among many in the technological elite who believe that Bitcoin and the technology behind it could revolutionize the payments industry and challenge the future of paper currency Bitcoin has many unique attributes that differentiate it from traditional currencies. Bitcoins are not physically minted, but are generated by computer software at a predetermined rate. A finite amount of coins are "built into the software," and 16.5 million of a potential 21 million coins are cure rently in circulation. The program that is used to generate Bitcoins runs on a peer-to-peer network and requires powerful computer systems to operate. "Mining" a Bitcoin is the result of these powerful computers solving cryptographic problems in tandem with other similar computers--the computer that hits upon the solution is awarded the coin, and a record of all of the involved computers' attempts at mining the coin is logged. Bitcoins derive some of their initial value because of the time and computational effort required to mine them. There are many reasons to be skeptical of Bitcoin. Although law enforcement has improved its ability to apprehend criminals using Bitcoin, governments are justifiably concerned about the emergence of a new currency whose purpose is to avoid regulation. Bitcoin has been lauded for its democratic structure, under which anyone running the underlying software has a say in making future changes. However, that same democratic structure also leads to volatility and uncertainty. For example, in 2017, Bitcoin experienced a splitting of its currency, called a "hard fork." The split occurred because users disagreed over the best way to improve transaction processing speeds, which have slowed as Bitcoin has become more popular. Unable to compromise, Bitcoin was split into two competing variations: traditional Bitcoin, and a newer version called Bitcoin Cash, which allows for much faster transaction processing speeds. Security concerns have also ravaged some of the largest Bitcoin exchanges, including Mt. Gox and Flexcoin. Hackers stole $425 million and $600,000 in Bitcoins from the two exchanges, respectively, and many of the victims of the theft have yet to be compensated for their losses. 4.Many governments have responded to Bitcoin's increase in popularity with varying degrees of regulation or prohibition. For example, Bolivia, Ecuador, and Bangladesh have banned Bitcoin in their countries, and Russia has similar legislation in develop ment. However, China looms largest as a threat to Bitcoin's ongoing growth, as the Chinese central bank required the country's Bitcoin exchanges to halt all withdrawals and eventually cease operations by the end of October 2017. China's recent crackdown on Bitcoin is especially surprising given that China's share of Bitcoin trading worldwide has been as high as 90% of all trading. As of late 2017, that percentage cratered to a low of approximately 10% of worldwide Bitcoin trading. Despite Bitcoin's uncertainty, the currency continues to gain popularity, and more banks and regulators are recognizing that the underlying technology may be here to stay. Some traditional big banks are still skeptical: the CEO of JPMorgan, Jamie Dimon, predicted in 2017 that Bitcoin was doomed to failure. But Goldman Sachs CEO Lloyd Blankfein tweeted that the company was considering beginning to trade Bitcoin, and in 2015, Goldman invested heavily in a peer-to-peer payment platform for Bitcoin. Elsewhere around the world, lapan and South Korea have warmed to Bitcoin nicking up much of the slack from China. Major Japanese companies like telecom giant DoCoMo and the Bank of Tokyo have thrown their support behind Bitcoin, and Japanese banks have also partnered to introduce a national digital currency using similar technology called J Coin. In 2015, the IRS began taxing Bitcoin earnings, legitimizing the currency in the eyes of regulators, and governments across the world are proposing rules for the regulation and use of virtual currencies. Many startup companies have experimented with digital currency to raise venture capital. Known as an initial coin offering (ICO), a company creates a proprietary currency and exchanges that currency for Bitcoins. in return, investors gain the ability to redeem the new proprietary currency for that company's goods and services in the future. /Needless to say, governments are not thrilled with the idea of any company being able to mint its own new currency, and many governments have banned this practice. 6.Bitcoin exchanges harness the system's decentralized network of computers to enable frictionless and inexpensive movement of currencies across international borders. Bitcoins and Bitcoin transactions are all logged on a public ledger known as the blockchain, which is updated and maintained by all of the members of the network. Contrast this with a bank, which is a central hub where all currency and financial information resides. With the blockchain, there isn't a single point of failure or vulnerability the way there may be with a bank, and no single entity must update and maintain the ledger. In countries where the banking system is less developed than in the United States, such as Argentina and Kenya, Bitcoin has proven itself a more reliable option. A number of high-profile online businesses accept Bitcoin, such as Dell, Microsoft, Expedia, and Newegg, as well as reportedly over 80,000 other merchants around the world. In 2017, Bitcoin's price rose dramatically from less than $1,000 at the beginning of the year to a high of almost $20,000 per coin in mid-December, before dropping sharply to below $11,000 and then rebounding to about $14,000 by the end of the year. The number of Bitcoin users has grown rapidly, with nearly 6 million people maintaining cryptocurrency wallets in 2017, most of which are Bitcoin wallets. Although some analysts believe that Bitcoin is experiencing a bubble that will eventually burst, Bitcoin proponents believe that the world is just now catching on to the usefulness of digital currency. Other rivals to Bitcoin emerged in 2017 as well, including Litecoin, which bills itself as the equivalent of silver to Bitcoin's gold, and Ethereum, a more robust blockchain platform offering more applications than just currency. However, for Bitcoin and other cryptocurrencies to really take off, they must become more than trading commodities and prove themselves to be useful tools to actually purchase goods and services.

In: Operations Management

Exponential Leadership vs. Linear Leadership Compare the two Who uses them? How can they be implemented...

Exponential Leadership vs. Linear Leadership

Compare the two

Who uses them?

How can they be implemented into business models?

What are they used for?

In: Operations Management

Disruptive Technologies Diruptive technologies. The latest discussion between entreprenurial gurus are the so called disruptive technologies...

Disruptive Technologies

Diruptive technologies. The latest discussion between entreprenurial gurus are the so called disruptive technologies within entrerpeneurs.
investigate this topic and discuss the below
1. what do we mean by disruptive technologies.
2. examples of disruptive technolgies,
3. latest technologies, that can be called "disruptive".
4. Benefits of disrubtive technolgies.

In: Operations Management