What Is the Following Is True of Ethics and Social

question 85

Multiple Choice

What is the following is true of ethics and social responsibility in business?

• A)Ethical conduct and corporate social responsibility are linked to increased profits.
• B)Businesses do not need to consider social values in the contemporary scenario.
• C)Investors and retired employees remain unaffected in case of scandals.
• D)Businesses' reputations depend solely on their profits.
• E)Business misconduct is likely to be widely excused if it enhances firms' profits.

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Definitions:

Identity

The distinguishing character or personality of an individual; or the way a person or thing is recognized or known.

Fraudulent Misrepresentation

A false statement of fact made by a person who knows, or should know, that it is false, and made with the intention of deceiving another.

Authority

The legal power or right given to an individual or body to make decisions, enforce rules, or govern.

Identity

The distinguishing character or personality of an individual; aspects that make up who someone is.