A Manager Chooses to Tell Affected Employees About an Impending

question 15

Multiple Choice

A manager chooses to tell affected employees about an impending layoff, despite the damage this causes to the stock price of the organization. She did this because it was "the right thing to do." Which model of ethics is she using?

• A) justice
• B) moral rights
• C) utilitarian
• D) mutual association

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Definitions:

Term Loan

A loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.

Annual Payments

Regular payments made once a year, often used in the context of loans, leases, or annuities.

Certificate of Deposit

A savings certificate with a fixed maturity date and fixed interest rate, issued by banks to individuals desiring to save money for a fixed period.

Compounded Annually

The process of calculating interest and adding it to the principal sum of a deposit or loan once per year.