Under the Practical Rule, for a Business Decision to Be

question 99

Multiple Choice

Under the practical rule, for a business decision to be ethical, a manager would NOT be reluctant to communicate the decision to people outside the company when

• A)the decision, although unethical, would increase shareholders' wealth.
• B)a typical person would consider the decision acceptable.
• C)a typical person wouldn't care about the decision.
• D)a typical person would be unaware of the harmful implications of the decision.
• E)he or she could blame the top management of the firm.

---

Definitions:

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, often tested through scientific method.

Experiment Steps

The sequence of actions or procedures designed to systematically investigate a hypothesis by varying and measuring its effects.

Mean

In statistics, the arithmetic average of a set of values, calculated by adding them together and dividing by the number of values.

Statistical Summaries

Concise representations of data, often through measures of central tendency and variability, that provide insights into dataset characteristics.