The Majority of CEOs Blame Unethical Employee Conduct On

question 162

Multiple Choice

The majority of CEOs blame unethical employee conduct on:

• A)the breakdown of traditional religious institutions.
• B)a failure of leadership to establish ethical standards.
• C)the nation's business schools that tolerate unethical behaviour in students.
• D)the increase in lawsuits used to avoid personal responsibility.

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Definitions:

Business Losses

Business losses are the negative financial impacts a business suffers, often reflected in its financial statements as expenses exceeding revenues.

Personal Liability

The legal responsibility of an individual to fulfill obligations or debts out of their own assets.

S Corporations

A unique status enabling small businesses to transfer corporate profits, losses, deductions, and tax credits directly to their shareholders for the purpose of federal taxation.

Shareholders

Persons or entities that hold ownership interest in a corporation through stock, participating in its profits and decisions.