Use the Following Statements to Answer This Question

question 10

Multiple Choice

Use the following statements to answer this question:
I.Spinning encourages underpricing in the market.
II.Spinning is unethical.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct and II is incorrect.
• D)I is incorrect and II is correct.

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Definitions:

Strategic Planning

The process of defining a business's strategy or direction and making decisions on allocating resources to pursue this strategy.

Shared Beliefs

Common values or principles held by a group of people, which influence their behavior and decision-making.

Ethical Responsibility

involves the duty of individuals and organizations to act in a morally principled manner to benefit society and minimize harm.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and minimal government intervention in the economy.