In a Business Context,acting Ethically Is Generally Considered to Involve

question 30

Multiple Choice

In a business context,acting ethically is generally considered to involve:

• A)acting in a morally correct and honourable way.
• B)acting strictly in accordance with the law.
• C)acting in the best interests of shareholders.
• D)all of the above.

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Definitions:

Philip Zimbardo

An American psychologist known for his research on social influence and the dynamics of time perspective, notably leading the Stanford prison experiment.

Electric Shocks

Sudden discharges of electricity through a part of the body, used in some experimental settings for varying purposes.

Prison Guards

Individuals responsible for the supervision, safety, and security of prisoners in a correctional facility.

Social Loafing

The phenomenon whereby individuals reduce their effort when working in a group compared to when working alone, due to perceived diffusion of responsibility.