What Are the Ways Employee Behavior Changes in Relation to a Profit

question 68

Multiple Choice

What are the ways employee behavior changes in relation to a profit emphasis?

• A)desire to avoid losses may result in short-run decisions
• B)unethical behavior may take place if rewards or bonuses are based on profits
• C)ignoring the less measurable outcomes that may benefit the company
• D)all of the above are potential changes

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Definitions:

Actual Authority

The express and implied powers a principal intentionally grants to an agent, allowing them to act on the principal's behalf.

Duty of Loyalty

A legal obligation of individuals, such as directors of a company or trustees, to act in the best interests of the company or trust, over and above their own interests.

Personal Concerns

Matters or issues that are primarily related to an individual's private interests, well-being, or personal circumstances.

Agent

A person or entity legally authorized to act on behalf of another person or entity in financial or business matters.