Which of the Following Is a Possible Unintended Consequence of an Organization

question 19

Multiple Choice

Which of the following is a possible unintended consequence of an organization focusing more on ethics planning than on implementation?

• A)Employees may come to view unethical conduct as acceptable behavior.
• B)The government will implement its own audits.
• C)The ethics program will never be created.
• D)Employees will become dissatisfied with their jobs.
• E)The implementation process will incur large costs for the organization.

Recognize the doctrine of strict liability and its application to sellers, manufacturers, and wholesalers.

Understand the distinction between liability for personal injury and property damage.

Learn the essential elements required to establish an action in strict product liability.

Differentiate between the various basis of liability within product liability, including negligence, strict liability, and misrepresentation.

---

Definitions:

Long-run Equilibrium

A state in economic analysis where all inputs can be adjusted, market supply meets demand, and all firms in the market earn normal profit, indicating no entry or exit from the industry.

Low Point

Refers to the lowest level or value that something can reach, often used in the context of prices, rates, or economic indicators.

Average Total Cost Curve

A graphical representation showing how the total cost per unit of output varies with the level of output, typically U-shaped due to economies and diseconomies of scale.

Long-run Equilibrium

A state in which all factors of production and costs are variable, allowing firms to make adjustments, resulting in no economic profit in perfect competition.