Which of the Following Is True Concerning Ethical Issues

question 15

Multiple Choice

Which of the following is true concerning ethical issues?

• A) Making ethical decisions involves issues of right and wrong.
• B) Ethical codes are dogma and can assist you in making the best possible decisions for the benefit of the client.
• C) Ethical standards are the same among agencies and institutions.
• D) The process of making ethical decisions involves acquiring a tolerance for dealing with gray areas and for coping with ambiguity.

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Definitions:

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.

Business Environment

The combination of all external and internal factors that influence a business's operating situation, including economic, legal, technological, and political circumstances.

Economic Recovery

The period in which an economy rebounds from a recession or downturn, generally marked by an increase in GDP, employment, and consumer spending.

Smoot-Hawley

Refers to the Smoot-Hawley Tariff Act of 1930, a U.S. law that raised import tariffs on thousands of goods, contributing to the severity of the Great Depression.