Which of the Following Is a Criterion That Can Guide

question 15

Multiple Choice

Which of the following is a criterion that can guide ethical action?

• A) The action should respect the rights of individuals and groups affected by it.
• B) The action must increase the shareholder wealth.
• C) The action should serve the interests of the top management.
• D) The action must promote the self-interest of the employees.

Grasping ethical theories and frameworks (e.g., Golden Rule, WH Framework) that guide ethical decision-making in business.

Understanding the social responsibility of businesses within their communities and the broader societal impact.

Recognizing the significance of implementing ethical values such as justice, security, and freedom in decision-making processes.

Identifying the roles and responsibilities of regulatory bodies (e.g., Public Company Accounting Oversight Board) in maintaining ethical standards in business practices.