In the Context of the Business Costs of Ethical Failures

question 117

Multiple Choice

In the context of the business costs of ethical failures, ________ is incurred at Level 3.

• A) employee cynicism cost
• B) administrative and audit cost
• C) cost of remedial education
• D) cost of corrective actions
• E) cost of government oversight

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Definitions:

Intrapreneur

An employee within a company who promotes innovative product development and marketing strategies, behaving like an entrepreneur while working within the organization's framework.

Demographic Trends

Patterns and changes in the demographic characteristics of populations over time, such as age, gender, income levels, and marital status, which can impact markets and policy decisions.

Information Technology

The employment of computers, storage systems, network components, and other tangible resources, along with various procedures, to generate, process, maintain, safeguard, and share any type of digital data.

Innovation

The act of introducing something new or improving an existing product, service, or process.