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An Organization's Managers State Publicly That They Value and Reward

question 137

Multiple Choice

An organization's managers state publicly that they value and reward ethical behavior, yet some managers behave unethically. The public statements are an example of ______________, and the actual behavior is an example of ______________.


Definitions:

Industry

The collection of businesses and activities involved in the manufacturing, production, or provision of goods and services in a particular sector.

Firm(s)

Businesses or corporations established to perform economic activities, such as producing goods or offering services to consumers.

Dango

A Japanese term referring to informal gatherings or consortia where companies collude, often used in the context of bid-rigging.

Covert Collusion

A secret agreement between companies to engage in practices like price-fixing or market sharing, which are typically illegal and aim to reduce competition.

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