The Study of Ethics in Management Can Be Approached from Many

question 60

Multiple Choice

The study of ethics in management can be approached from many different directions.A practical approach is to view ethics as catalyzing managers to ________.

• A)abide by the laws
• B)fulfill stockholders needs
• C)encourage workforce diversity
• D)discourage whistle-blowing
• E)take socially responsible actions

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Definitions:

Outstanding

An adjective describing something that is still in progress, unsettled, not yet resolved, or in the case of financials, amounts owed that have not yet been paid.

Shares Issued

The total number of shares that a corporation has legally sold to shareholders, including those held by the public and by the company.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually with fixed dividends.

Net Income

The total profit or loss of a business after all expenses, including taxes and operating costs, have been deducted from total revenue.