Which of the Following Is a Fundamental Factor in Having

question 2

Multiple Choice

Which of the following is a fundamental factor in having an effective ethical corporate culture?

• A) tone at the top (i.e., ethical leadership)
• B) efficient oversight by the company's Board of Directors
• C) workplace ethics
• D) code of conduct
• E) tone at the top and workplace ethics

Analyze the impact of different tax systems on individual and government revenue.

Distinguish between progressive, regressive, and proportional tax systems.

Describe vertical and horizontal equity in tax systems.

Recognize the principles guiding tax policy, including the ability-to-pay principle and benefits principle.

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Definitions:

Boards of Directors

A group of individuals elected by shareholders to oversee and guide the management and strategic direction of a corporation.

Individualism View

A perspective that emphasizes the moral worth of the individual, prioritizing personal independence and self-expression.

Ethical Behaviour

The practice of conducting oneself according to recognized moral principles and standards, often in a professional or business environment.

Society

A large group of individuals living together in a more or less ordered community, sharing customs, laws, and organizations.