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Business Ethics Are Concerned with Accepted Principles of Right or Wrong

question 41

Essay

Business ethics are concerned with accepted principles of right or wrong governing the conduct of businesspeople. Identify and discuss the common examples of unethical decisions that businesspeople have made.


Definitions:

Going-private Transaction

involves the purchase of all publicly held shares of a public corporation by private investors, making it a private entity.

Cost Reduction

A strategic financial action aimed at decreasing expenses to improve profitability.

Stock Acquisition

The process of obtaining ownership in a company by purchasing its stock.

Cash Acquisition

The process of acquiring another company or its assets using cash as a means of payment rather than stocks or other forms of compensation.

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