At a DUI Checkpoint, Some Cars Are Stopped at Random;

question 61

Multiple Choice

At a DUI checkpoint, some cars are stopped at random; many others are not stopped. Using the terminology of psychological research, the cars that are stopped may be considered a _____ of all the cars that pass by the checkpoint.

• A)sample
• B)subset
• C)cohort
• D)population

Understand the advantages of values-based over compliance-based ethics programs.

Recognize essential components and roles within an ethics and compliance program.

Identify the responsibilities of an ethics officer and the importance of their role.

Comprehend the Federal Sentencing Guidelines for Organizations and their implications for ethical corporate behavior.

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Definitions:

Absolute Advantage

The ability of an individual, company, or country to produce a good or service more efficiently than competitors, using fewer resources.

Opportunity Cost

A different way to describe it would be the cost of missing out on the benefits of the second-best option when a choice is made.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology, demonstrating the concept of opportunity cost.