Business Ethics Is Learning What Is Right or Wrong in the Work

question 144

True/False

Business ethics is learning what is right or wrong in the work environment and choosing what is right.

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Definitions:

Corporate Strategy

An overall, long-term plan of action designed to achieve the core objectives and overarching goals of an entire organization.

Strategic Business Unit

A semi-autonomous unit within an organization that focuses on a specific market or product line, often with its own strategic direction.

Strategic Alliance

A cooperative agreement between two or more organizations to pursue a set of agreed upon objectives while remaining independent organizations.

Leadership Business Unit

A division or segment within an organization led by a manager with significant autonomy, responsible for strategic decisions and performance of that unit.