With Which of the Following Statements Would Most People in Business

question 26

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) "Whistle blowers," because of the courage it takes to blow the whistle,are generally promoted more rapidly than other employees.
• D) It is not useful for large corporations to develop a formal set of rules defining ethical and unethical behavior.
• E) Although people's moral characters are probably developed before they are admitted to a business school,it is still useful for business schools to cover ethics,if only to give students an idea about the adverse consequences of unethical behavior to themselves,their firms,and the nation.

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Definitions:

Benevolent Beliefs

Positive but patronizing beliefs and attitudes that can unintentionally perpetuate inequality, often viewed as harmless or even supportive by those who hold them.

Justification Suppression Model

The idea that people endorse and freely express stereotypes in part to justify their own negative affective reactions to outgroup members.

Stereotype Threat Hypothesis

The stereotype threat hypothesis proposes that individuals at risk of confirming negative stereotypes about their social group may underperform in relevant tasks due to increased stress and anxiety.

System Justification Hypothesis

A theory suggesting that people have a psychological inclination to defend and justify the existing social, economic, and political systems, even at a cost to personal and group interest.