Which of the Following Statements Is True in the Context

question 68

Multiple Choice

Which of the following statements is true in the context of unethical behavior?

• A) Business ethics significantly differ from personal ethics.
• B) An individual with a strong sense of personal ethics is more likely to engage in self-dealing.
• C) A personal ethical code will exert a profound influence on the way individuals behave as businesspeople.
• D) Focusing only on applying straightforward business calculus can eliminate ethical concerns.
• E) An organizational culture that fosters decision making on purely economic terms eliminates unethical practices.

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Definitions:

Increasing Annuity

A type of annuity payment that grows at a certain rate or percentage over time.

Compounded Monthly

A specific type of compounding where interest is calculated and added to the principal balance monthly.

Principal

The original amount of money borrowed or invested, before interest or profits.

Geometric Sequence

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed non-zero number called the ratio.