Ethical Behavior

question 36

Multiple Choice

Ethical behavior

• A) is the fifth basic principles of finance.
• B) cannot be a concern to managers who are expected to maximize shareholder value.
• C) in the corporate world means not breaking any laws.
• D) is essential in business because unethical behavior destroys trust and business relationships.

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Definitions:

Path-Goal Theory

A leadership theory focusing on how leaders motivate followers to achieve designated goals by clarifying the path to these goals.

Insurance Adjuster

A professional who assesses and investigates insurance claims to determine the extent of the insuring company's liability.

Leadership Style(s)

Various approaches to leading others, which can range from authoritarian to democratic, each with its own methods and outcomes.

Behavioral Perspective

An approach in psychology focusing on observable behaviors and the ways in which they're learned, rather than on internal states such as feelings or thoughts.