Using a Single Objective Can Result in Unethical Practices Because

question 101

Multiple Choice

Using a single objective can result in unethical practices because managers ________.

• A) will ignore other important parts of their jobs in order to look good on that one measure
• B) will use overtime to accomplish that single objective without reporting it
• C) will manipulate the outcomes reported to assure that the one objective is achieved
• D) want to satisfy the stockholders of the organization

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Definitions:

Interest Income

Earnings received from deposit accounts or investments such as bonds, loans where one lends money to someone else in exchange for a return of interest.

Currency Notes

Paper money issued by a country's central bank or government as legal tender for transactions.

Money Demand Curve

A graph showing the relationship between the quantity of money demanded and the interest rate.

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the face value of money borrowed or saved.