Which of the Following Statements Is False

question 155

Multiple Choice

Which of the following statements is false?

• A) If an ethical or social responsibility issue can withstand open discussion that results in agreement or limited debate, an acceptable solution may exist.
• B) A company that supports both socially responsible decisions and adheres to a code of conduct is likely to have a positive impact on society.
• C) If other persons in the organization approve of an activity and it is legal and customary within the industry, chances are that the activity is acceptable from both an ethical and social responsibility perspective.
• D) Social responsibility and marketing ethics are interrelated.
• E) Social responsibility and marketing ethics are the same thing and can be used interchangeably.

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Definitions:

One-Time Expense

An uncommon or unique expenditure that is not expected to recur in the foreseeable future, often highlighted separately in financial statements.

Straight-Line Depreciation

A process for dividing the expense of a tangible asset uniformly across its expected lifetime in annual segments.

Net Annual Operating

Typically refers to the net operating income or profit generated by a business over the course of a year, excluding non-operating revenues and expenses.

After-Tax Discount Rate

The rate used to discount future cash flows of an investment after taxes have been accounted for, reflecting the investor's required rate of return net of taxes.