Which of the Following Statements Would Most People in Business

question 4

Multiple Choice

which of the following statements would most people in business agree?

• A)A corporation's short-run profits will almost always increase if the firm takes actions that the government has determined are in the best interests of the nation.
• B)Firms and government agencies almost always agree with one another regarding the restrictions that should be placed on hiring and firing employees.
• C)Although people's moral characters are probably developed before they get into a business school, it is still useful for business schools to cover ethics, including giving students an idea about the adverse consequences of unethical behavior to themselves, their firms, and the nation.
• D)It is not useful for a large corporation to develop a formal set of rules defining ethical and unethical behavior.Such rules generally can't be applied in many specific instances, so it is better to deal with ethical issues on a case-by-case basis.
• E)"Whistle blowers," because of the courage it takes to blow the whistle, are generally promoted more rapidly than other employees.

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Definitions:

Operating Departments

Divisions within a company that are directly involved in performing the primary business activities, contrasting with support or administrative departments.

Labor-hours

Labor-hours represent the total hours worked by employees, used as a measure in allocating labor costs to products or services.

Custodial Care

Non-medical care that assists individuals with daily living activities.

Rehabilitation

The process of restoring something to its original state or to a condition that is functional and satisfactory, often used in the context of buildings, wildlife, or individuals recovering from injury.