A Recent Article in the Paper Claims That Business Ethics

question 112

Multiple Choice

A recent article in the paper claims that business ethics are at an all-time low. Reporting on a recent sample, the paper claims that 45% of all employees believe their company president
Possesses low ethical standards. Suppose 20 of a companyʹs employees are randomly and
Independently sampled and asked if they believe their company president has low ethical
Standards and their years of experience at the company. Could the probability distribution for the
Number of years of experience be modelled by a binomial probability distribution?

• A)Yes, the sample is a random and independent sample.
• B)No, a binomial distribution requires only two possible outcomes for each experimental unit sampled.
• C)No, the employees would not be considered independent in the present sample.
• D)Yes, the sample size is n = 20.

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Definitions:

Behave Ethically

Acting in a manner consistent with moral principles, standards, and values.

Act Professionally

The expectation for individuals to behave in a manner that is ethical, respectful, and appropriate for a given profession.

Pressure from Below

Influence exerted by lower-level employees or members of an organization, advocating for change or improvements.

Universal Rules

Principles or laws that are applied globally, without cultural, geographical, or situational exceptions.