In the Context of Ethical Choices, Research Results from the Ethics

question 42

Multiple Choice

In the context of ethical choices, research results from the Ethics Resource Center (ERC) illustrate that:

• A) organizational culture has very little impact on individual employees' decisions.
• B) misconduct by employees rose when they felt that the Great Recession negatively impacted the ethical culture of their company.
• C) more engaged and dedicated employees of a company are much less likely to report individuals who behave badly.
• D) when employees perceived more management commitment, they became less engaged with the tasks assigned to them.

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Definitions:

Perfectly Competitive

A perfectly competitive market is one with many buyers and sellers, where no single entity can influence the market price, and all products are identical.

Profit-Maximizing

A strategy or approach focused on increasing a firm’s profits to the highest possible level given its production costs and market demand.

Downward-Sloping

A characteristic of demand curves where price and quantity demanded move in opposite directions.

ATC Curve

A graphical representation of the average total cost of producing various quantities of output, showing how unit costs change with changes in output level.