A Prospective Small Business Owner Wonders What Types of Ethical

question 57

Multiple Choice

A prospective small business owner wonders what types of ethical problems may prove most difficult. If the business is typical, the owner should realize that problems are most likely to relate to

• A) environmental issues.
• B) relationships with customers and competitors.
• C) human resource decisions.
• D) banking relationships.

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Definitions:

Social Needs

Fundamental human requirements for belonging, affection, acceptance, and friendship.

Collectivist Societies

Societies that emphasize the needs and goals of the group as a whole over the needs and wishes of each individual.

Need Levels

Hierarchical stages of needs proposed by psychologists, indicating that certain basic needs must be met before individuals can focus on higher-order psychological requirements.

Career Stage

The phase or position in an individual's professional development and work life, often categorized by levels of experience, responsibility, or achievement.