An Employer and a Worker, If Both Are Honest and Work

question 42

Multiple Choice

An employer and a worker, if both are honest and work hard, together produce $200,000 a year, of which the employer gets $50,000 and the worker $150,000. If either one is dishonest and lazy, they break up, the employer employs someone else and the worker gets another employer. The following shows what they might earn if they broke up. In which case is it likely that both the employer and the worker will be honest and hard working?

• A) if they break up, the employer makes $60,000 and the worker $80,000
• B) if they break up, the employer makes $20,000 and the worker $175,000
• C) if they break up, the employer makes $75,000 and the worker $175,00
• D) if they break up, the employer makes $25,000 and the worker $125,000

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Definitions:

Code of Ethics

A guideline designed to set out acceptable behaviors for members of a particular group, profession, or organization.

Ethical Principles

Fundamental guidelines that dictate behavior, ensuring actions are morally right and beneficial to society, such as honesty, integrity, fairness, and respect.

Rules of Conduct

Established guidelines and principles designed to govern behaviors and actions within an organization or profession.

Ethical Mission

A company's commitment to conduct its business in accordance with ethical principles, focusing on social responsibility, fairness, and sustainability.