Having Acceptable Personal Ethics Is Probably Not Going to Be

question 15

Multiple Choice

Having acceptable personal ethics is probably not going to be sufficient to handle complex business ethical issues when an individual has

• A)family concerns.
• B)an unethical boss.
• C)limited business experience.
• D)financial training.
• E)a marketing background.

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Definitions:

Rational Expectations School

An economic theory suggesting individuals make predictions about future economic events using all available information and past experiences.

Inflation

The speed at which the general cost level for goods and services ascends, weakening purchase potency.

Policy Change

Adjustments or modifications made to existing rules, regulations, or guidelines within an organization, government, or system.

Monetary Policy

Actions by a central bank to control the money supply and interest rates in order to influence economic activity.