Which of the Following Is a Challenge When Establishing the Practice

question 25

Multiple Choice

Which of the following is a challenge when establishing the practice of ethical behavior in workplaces?

• A) Downsized or restructured organizations tend to lack the resources to monitor the day-to-day behavior of their employees.
• B) Large organizations cannot work toward establishing high ethical standards as it costs them short-term profits.
• C) Many organizations are often pressured by their investors to act in unethical ways to generate profits or risk having the investors pull out completely.
• D) Ethical practices can only be established by companies that are already profitable.

Comprehend the minimal group effect and its implications for social identity theory.

Appreciate the role of realistic conflict theory in explaining intergroup conflict and competition.

Recognize the discontinuity effect and its impact on group versus individual behavior in conflict situations.

Identify factors that contribute to the formation and persistence of stereotypes and prejudices.

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Definitions:

Total Assets

The sum of all assets owned by an entity, including both current and non-current assets.

Note Payable

A financial liability representing a written promise to pay a specified sum of money to another party on a determined future date or on demand.

Accounting Equation

The foundational principle of double-entry bookkeeping, stating that Assets = Liabilities + Equity, reflecting a company's financial position.

Total Liabilities

The sum of all financial obligations or debts that a company owes to external parties.