<span>Basic services such as electricity and energy, water and sanitation, refuse and waste removal are critical services to improve the lives of people. In South Africa government has committed to providing a basic amount of free water and electricity to poor people. Sanitation and waste removal will also be provided where it is possible</span>
The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.
Answer:
d.) Frank should not take the medicine because stealing cannot hold up as universal law, regardless of the potentially good consequences.
Explanation:
Universal laws are widely regarded as a way people conduct themselves. They are regarded as universal in their philosophical basis, applicability, acceptability, and translation.
For example fairness in dealings is a universally accepted concept.
In the given scenario however stealing is not a universal law and cannot be justified under any circumstance.
Although Frank's daughter Jenna is sick and he cannot afford the medicine.
He should not take from open drawer stuffed with vials full of the medicine Jenna needs because it is ethically wrong
Answer:
False.
Explanation:
Henry Mintzberg is a management expert who has theorized after much research and study the roles of managers. He had suggested ten managerial roles which he divided into three categories, namely, interpersonal, informational, and, decisional roles.
Interpersonal role defined by Mintzberg is the relationship shared by the manager with others in an organization.
In the Informational role, the manager is required to collect and disseminate information. The manager plays an important role in the flow of information in an organization.
The most important all the roles, the role of the manager is of decision making. The decisions that a manager takes for his organization is to change the current environment of the organization.
So, the categories stated in the question are wrong and hence it is false.
