1- Priya is considering having to lay off Larry, because Larrys skills no longer match the company's needs in the face of a changing marketplace. Larry is a long-time employee who organizes many office social gatherings and company-sponsored charitable events. Priya knows that letting Larry go would have a huge negative impact on the other employees and that there would likely be unintended consequences of this decision. In the context of making an ethical decision, this stage is known as moral

Multiple Choice

• certainty.

• ability.

• awareness.

• judgment.

• characterization.

2-

Savon was surprised to learn that when his business grew and he needed to order more raw materials, the costs of materials and unit production were less per item. This demonstrates the concept of

Multiple Choice

• systematic management.

• economies of scale.

• Hawthorne effect.

• supplier relations.

• trial-and-error.