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The late American economist, Nobel Prize winner in economics, much revered, and much reviled, Professor of Economics at the University of Chicago, stated that "the only moral obligation managers have is to make a profit for their company" . How can this statement be reconciled with the principle of Socio-Economic Corporate Social Responsibility? Are the two positions mutually exclusive? Can the two be reconciled? If not, what is YOUR position? How far should managers go in assuming social responsibility? - In their responsibility to employee well--being and occupational health and safety? - In protecting the environment? In meeting customers' needs? In acting responsibly within society?
Use an example from your work history (or something you've read about) to illustrate what constitutes an ethical (or unethical) business culture.
Consider the market for SUVs. If the price of gasoline increases by 150 percent we would expect the equilibrium price of SUVs to _____ and the equilibrium quantity to _____.
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List and discuss at least 2 positive effects and 2 negative effects of social networking.
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Consider the array named students of size 10. If a variable named index exists, you can access an array element in pseudocode with the following expression:
Various programs provide free or low-cost coverage to millions of families with limited income. Develop a scenario in which an individual or family is currently
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Is industry experience vital for a successful Board member? Explain and justify your response.
Think about a company that you believe constantly displays ethical behavior. What types of items would you want to replicate and why?
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