How Do Ethical Principles Apply to Businesses

question 9

Multiple Choice

How do ethical principles apply to businesses?

• A)They chiefly deal with the actions and behaviors required to operate companies in a socially responsible manner.
• B)They chiefly deal with the rules each company's top management and board of directors make about "what is right" and "what is wrong."
• C)They are not materially different from ethical principles in general.
• D)They are generally less stringent than the ethical principles for society at large.
• E)They are generally more stringent than the ethical principles for society at large.

Investigate the effects of privacy laws on asymmetric information and market outcomes.

Identify major veins in the human body and their specific functions.

Understand the concept of blood pressure, including systolic and diastolic measurements.

Recognize the components and significance of the hepatic portal system.

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Definitions:

Taxable Income

The amount of an individual's or entity's income used to determine how much tax is owed, calculated by deducting allowable deductions and exemptions from gross income.

Tangible Asset

Physical and material assets that can be seen, touched, or quantified, such as machinery, buildings, and inventory.

Goodwill

The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.