A Heavy Reliance on a Strict Set of Rules May:​

question 58

Multiple Choice

A heavy reliance on a strict set of rules may:​

• A)​reduce the perceived need for employees to be involved in ethical decision making.
• B)​lead to strong and superior choices in the long run.
• C)​lead to increase in instances of whistle-blowing.
• D)​institute the philosophy that ethical behavior makes good business sense.

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Definitions:

Major Components

Principal parts or elements that form the larger system or structure.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no gain or loss for the business.

Cost-volume-profit Analysis

An accounting technique used to determine the effects of changes in costs and volume on a company's profit.

Sales Mix

The combination of different products or services that a company sells, influencing overall sales volume and profitability.