Many Americans Define Ethical Behavior According to the Situation in Which

question 152

Multiple Choice

Many Americans define ethical behavior according to the situation in which they find themselves. This way of thinking suggests that there may be situations where ________ to cheat, steal, or lie.

• A) it is absolutely wrong
• B) it might be okay
• C) business people are expected
• D) capitalism forces people

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Definitions:

Labor Unions

Organizations that represent workers in negotiations with employers over wages, working conditions, and benefits to protect their rights and interests.

Efficiency Wage

A theory stating employers pay a wage that is higher than the market equilibrium to increase worker productivity and efficiency.

Unemployment

A situation where individuals who are willing and able to work cannot find employment, measured as a percentage of the labor force.

Efficiency Wage

A theory suggesting that higher wages can increase worker productivity and efficiency, leading to better performance and lower turnover.