To Make Sure That Ethical Issues Are Considered in Business

question 51

Multiple Choice

To make sure that ethical issues are considered in business decisions

• A) a company should use a bottom-up approach.
• B) top managers should articulate and model ethical behaviors.
• C) a company should have a no-layoff policy
• D) a company should spend the majority of its operating budget to teach people what is legal and not legal.
• E) a company should hire and promote employees that do whatever it takes to achieve organizational objectives.

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Definitions:

Status Inconsistency

Refers to a situation where an individual's social positions have both positive and negative influences on their social status.

Social Stratification

The hierarchical arrangement and classification of individuals and groups in any given society based on wealth, power, prestige, or other criteria.

Working-Class

Describes individuals or groups who are employed in low-paying wage jobs, often involving manual or industrial labor, and typically associated with lower socioeconomic status.

Social Stratification

The arrangement or classification of society into levels or layers based on factors such as wealth, occupation, and social status.