With Which of the Following Statements Would Most People in Business

question 8

Multiple Choice

With 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:

Subsystems

Components or smaller systems that operate within a larger system, each with a specific function contributing to the overall system's performance.

Software System

A collection of software components, programs, or procedures that are organized to perform a specific function or set of functions.

HR Manager

A professional responsible for overseeing human resources functions within an organization, including recruitment, training, and employee relations.

HRMSP

Human Resource Management Service Provider, a company or software that offers services to manage various HR functions.