Which of the Following Statements Is CORRECT

question 43

Multiple Choice

Which of the following statements is CORRECT?

• A) If a lower level person in a firm does something illegal, like "cooking the books" to understate costs and thereby artificially increase profits because he or she was ordered to do so by a superior, the lower level person cannot be prosecuted but the superior can be prosecuted.
• B) There are many types of unethical business behavior. One example is where executives provide information that they know is incorrect to outsiders. It is illegal to provide such information to federally regulated banks, but it is not illegal to provide it to stockholders because they are the owners of the firm.
• C) The bankruptcy of Enron Corporation, and the fraud committed by some of its officers, was the focus of news stories, but it did not lead to any important changes in business practices.
• D) If someone deliberately understates costs and thereby causes reported profits to increase, this can cause the price of the stock to rise above its intrinsic value. The stock will probably fall in the future. Both those who participated in the fraud and the firm itself can be prosecuted.
• E) Ethical behavior is not influenced by training and auditing procedures. People are either ethical or they are not, and this is what determines ethical behavior in business.

Comprehend the foundational elements of an organization, including foundation, direction, and strategies.

Recognize the role and significance of data visualization in achieving marketing objectives.

Identify the various marketing goals an organization can pursue, including social responsibility goals.

Explain the purpose and utility of marketing metrics in measuring the effectiveness of marketing activities.

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Definitions:

Blood Culture

A laboratory test that checks for foreign invaders like bacteria or fungi in the blood.

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An alkaline compound with buffering properties, helping to maintain pH balance in various body fluids.

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Prothrombin Time

A blood test that measures how quickly blood clots, used to monitor blood thinning medications.