While on a Business Trip, a Manager Takes Some Friends

question 272

Multiple Choice

While on a business trip, a manager takes some friends to dinner for a social evening and then charges the dinner to his company's expense account. The ________ norm would ask "Is it consistent with people's responsibilities to each other"?

• A) utility
• B) rights
• C) justice
• D) caring
• E) reciprocity

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Definitions:

Leisure

Free time when individuals are not engaged in work or essential activities, often used for relaxation, recreation, or other personal interests.

Wage Rate

The standard amount of compensation paid to an employee per unit of time (e.g., hourly, daily, or annually) for their labor.

Consumption

The process by which goods and services are utilized by consumers to satisfy their needs and desires.

Budget Equation

An equation that represents the balance between an individual's or entity's income and expenses.