Mark Is the Sales Manager of a Reputed Firm

question 11

Multiple Choice

Mark is the sales manager of a reputed firm. Over his tenure, he has witnessed numerous ethical misconducts. In this case, he will observe less ethical misconduct when:

• A)his coworkers have a strong ethical culture.
• B)a code of ethics is absent in his firm.
• C)organizational rules are absent in his firm.
• D)the top managers of his firm have little control over organizational culture.

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Definitions:

September

The ninth month of the year in the Gregorian calendar, often associated with the beginning of the academic year in many countries.

Put Option

An economic agreement granting the possessor the option to offload a defined quantity of an underlying asset at a fixed price before a certain deadline, without any compulsion.

Call Option

A financial contract granting the buyer the right, but not the obligation, to purchase a stock, bond, commodity, or other assets at a specified price within a specific time period.