Research Has Shown That the Least Important Motivation for Managers

question 33

Multiple Choice

Research has shown that the least important motivation for managers in behaving ethically is:

• A) they want to feel good about themselves.
• B) they want to feel good about the decisions they make.
• C) they value their reputation.
• D) profitability.

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Definitions:

Profit Maximization

A financial strategy aimed at achieving the highest possible profit level for a business by adjusting output levels, pricing, or reducing costs.

Marginal Social Cost

The incremental cost borne by society due to the production of an extra unit of a good or service.

iTunes Download

A digital file, such as music or a movie, purchased and downloaded from Apple's iTunes platform.

Marginal Benefit

The increase in satisfaction or usefulness gained from the consumption of an additional unit of a good or service.