Employees' Perceptions of Their Firm as Having an Ethical Climate

question 51

Multiple Choice

Employees' perceptions of their firm as having an ethical climate lead to

• A)lack of focus on goals.
• B)greater focus on education.
• C)increased community involvement.
• D)improved relationships with competitors.
• E)enhanced outcomes.

---

Definitions:

Selling Price

The amount of money for which an item or service is sold to the buyer.

Operating Expenses

Operating expenses are the costs associated with running a business's core operations on a daily basis, including rent, utilities, and payroll.

Mark-up

A supplementary percentage of the cost price of products designed to account for overhead costs and profit margins.

Profit or Loss

The financial outcome of a business or investment, determined by subtracting expenses from revenue, indicating either earnings (profit) or shortfall (loss).