The Principles and Standards That Determine Acceptable Conduct in Business

question 48

Multiple Choice

The principles and standards that determine acceptable conduct in business organizations are referred to as:

• A)social responsibility.
• B)business strategies.
• C)business ethics.
• D)business stances.
• E)corporate citizenship.

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Definitions:

Stock Split

A stock split is a corporate action that increases the number of a company's outstanding shares by issuing more shares to current shareholders, which usually results in a decrease in the individual share price.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation, giving holders voting rights.

Treasury Stock

Shares that were once issued and outstanding but were later bought back by the issuing company, reducing the amount of outstanding stock on the open market.

Reacquired Shares

Shares that have been repurchased by the issuing company, reducing the amount of outstanding stock on the open market.