All of the Following Could Be Said About Ethical Behavior

question 19

Multiple Choice

All of the following could be said about ethical behavior towards employer stakeholders EXCEPT:

• A) it is important to be socially responsible in regard to how a company treats the environment.
• B) altering financial documents to increase shareholder wealth helps maintain shareholder loyalty.
• C) using unfair labor practices will impact a company's ability to attract and retain quality staff.
• D) providing training about how to communicate with different cultures helps foster positive customer relationships.
• E) giving a percentage of the proceeds from the sale of a limited time product to a local charity shows a company values more than just profits.

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Definitions:

Sherman Act

A landmark federal statute in U.S. antitrust law prohibiting monopolistic practices and promoting competition.

Tying Agreements

Arrangements where the seller conditions the sale of one product on the purchase of another product.

Per Se Violations

Actions or practices that are considered automatically illegal under anti-trust laws, without needing to prove harm.

Tying Agreement

A contractual agreement requiring a buyer to purchase an unwanted product or service to obtain a desired one, often seen as anti-competitive.