In Class, You Are Given the Assignment of Writing an Essay

question 129

Multiple Choice

In class, you are given the assignment of writing an essay in favour of raising tuition by 30 percent. You do not agree, but have to write the essay. Later if we ask you about your opinion regarding an increase in tuition, you will

• A) feel more against an increase because of group polarization
• B) change your opinion in favour of an increase in tuition because of cognitive dissonance
• C) feel even more negative about an increase in tuition because of cognitive dissonance
• D) change your opinion in favour of an increase because of the door-in-the-face technique
• E) not change your opinion at all

Recognize the foundational principles of business ethics initiatives like the Defense Industry Initiative.

Evaluate the influence of personal values from family, religion, and school on business decision-making.

Describe the societal and legislative reactions to unethical business actions.

Understand the historical development of business ethics.

---

Definitions:

Carrying Amount

The book value of an asset as recorded in the accounting records, considering any depreciation or amortization.

Tax Purposes

The rationale or basis for certain financial decisions or calculations made in compliance with tax laws.

Net Present Value (NPV)

A profitability measure for an investment that involves deducting the present value of cash expenditures from the present value of cash receipts throughout a certain timeframe.

Cash Flows

The total amount of money being transferred into and out of a business, affecting its liquidity.