In Business,ethics Can Be Defined as the Capacity to Reflect

question 58

Multiple Choice

In business,ethics can be defined as the capacity to reflect on ________ in the corporate decision-making process.

• A)customer preferences
• B)competitive strategies
• C)values
• D)production bottlenecks
• E)workforce diversity

Evaluate and critique economic statements related to consumer choices and constraints.

Understand the concept of a budget constraint and how it is represented graphically.

Calculate the quantity of goods a consumer can afford given their budget and the prices of goods.

Analyze the effects of changes in income, prices, or budget on a consumer’s budget constraint.

---

Definitions:

Debt-Equity Ratio

The ratio that measures the relative proportion of shareholders' equity and debt used to finance a company's assets.

After-Tax Earnings

The amount of net income a firm has after all taxes have been paid, representing the company's profitability.

Retained Earnings

Profits that a company keeps or retains rather than distributing to shareholders as dividends, often used for reinvestment.

Taxable Income

The amount of income subject to tax, after deductions and exemptions, as determined by tax laws.