Len, an Agent for Mind Games LLC, Executes an Unauthorized

question 8

Multiple Choice

Len, an agent for Mind Games LLC, executes an unauthorized contract with NOW Marketing, Inc. The deal is highly advantageous to Mind, and the company ratifies the contract. The contract is

• A) valid.
• B) vicarious.
• C) void.
• D) voidable.

Identify the components and importance of ethical issue intensity in business decisions.

Comprehend the role of reinforcement and its effects on employee behavior and ethics.

Acknowledge the impact of leadership and personal values on ethical practices and work behavior.

Describe the ethical decision-making process and its steps.

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Definitions:

Classify

To arrange or organize by classes; to designate as belonging to a particular category or group.

Automatic Thinking

Quick, reflexive thoughts that occur without conscious effort, often based on schemas or past experiences.

Deliberate Thinking

The process of consciously and intentionally focusing on specific thoughts or problems, often associated with careful decision-making and problem-solving.

Efficiency

The ability to accomplish a task or produce a desired outcome with the least amount of waste, expense, or unnecessary effort.