Which of the Following Statements Is True Regarding Effects of National

question 75

Multiple Choice

Which of the following statements is true regarding effects of national culture on organizational culture and ethical behavior within an organization?

• A) As compared to managers in the United States, managers in developing economies are less likely to see ethical decisions as embedded in a social environment.
• B) Organizations can safely ignore local culture while establishing its operation in another country.
• C) Generally, U.S. managers see bribery, nepotism, and favoring personal contacts as highly unethical.
• D) Organizational cultures rarely reflect national culture.
• E) Most U.S. managers do not view profit maximization as a moral obligation.

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Definitions:

Semiannual Interest

An interest payment made twice a year on a loan or investment.

Issuance Date

The date on which a financial instrument (e.g., bond, stock, or certificate of deposit) is issued or made available for sale.

Accrued Interest

The interest that has accumulated on a bond or loan but has not yet been paid to the lender, often recorded as a current liability on the balance sheet.

Accrued Interest

Interest that has been earned but not yet received or recorded as income by the company.