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1. An entrepreneur asks you for a recommendation about implementing basic tenets of corporate governance. What do you recommend?

2. What are some of the similarities between the ethical guidelines that some organizations offer and those of others? Compare any two (beyond those shown in this chapter if you want).

3. Med-Tech Labs is a facility that provides medical tests and evaluations for patients, ranging from analyzing blood samples to performing magnetic resonance imaging. Average cost to patients is $60 per patient. Labor costs average $15 per patient, materials costs are $20 per patient, and overhead costs are averaged at $20 per patient. If the average lab worker spends 3 hours for each patient, what is the labor productivity ratio for Med-Tech?

Operation Management, Management Studies

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