BUSN 115 STUDY Career Path Begins/busn115study.com BUSN 115 STUDY Career Path Begins/busn115study.com | Page 50

The disclosure of information by a company insider that exposes unethical behavior by others within the organization is called an ethical lapse. Stakeholders' needs often conflict, requiring managers to make tough decisions about resource allocation. Making objective decisions will lead to ethical lapses. When the question of what is right and what is wrong is clear, ethical decisions are easy to implement. --------------------------------------------------------------------------------------- BUSN 115 Week 3 Assignment LEMONADE STAND, PART I (2 Papers) FOR MORE CLASSES VISIT www.busn115study.com This tutorial contains 2 Different Papers Background As you have read about in our lecture, we have used a lemonade stand to help us understand some basic concepts of business. As we pointed out, a lemonade stand has a simple business structure; yet, it can help us understand almost every function of a firm; such as marketing, operations, finance, technology, entrepreneurship and many other aspects. In our two assignments in this course, you will own and operate your very own lemonade stand as you apply the knowledge you have learned from the course.