Appropriate Ethical Behaviour Is Important in Business Because

question 41

Multiple Choice

Appropriate ethical behaviour is important in business because:

• A) organisations conducting business in an ethical way enhance their prospects of survival and growth.
• B) there is a community expectation that businesses will act in a courteous way.
• C) surveys show that business ethics and good, ethical communications are less valued.
• D) all of the above.

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Definitions:

Par Value

The face value of a bond or a stock's stated value per share, which may bear no relation to its market value.

Price-Earnings Ratio

A financial ratio that measures a company's current share price relative to its per-share earnings, indicating the value assigned by the market for every dollar of earnings.

Financial Analysis

The process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.

Financial Condition

A snapshot of a company's financial health, represented by its assets, liabilities, and equity positions at a given time.