In Order to Create a Climate of Ethical Behavior and Fairness

question 105

Multiple Choice

In order to create a climate of ethical behavior and fairness in a company,managers and supervisors should do all of the following EXCEPT:

• A) ensure that employees are treated equitably.
• B) adhere to clear standards that are seen as just and reasonable.
• C) tell white lies to minimize competition between co-workers.
• D) take actions to develop trust between themselves and employees.

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Definitions:

Tax Burden

The overall impact of taxes on an individual's, corporation's, or economy's financial performance and well-being.

Tax Imposed

A financial charge or levy instituted by governmental authorities on individuals, transactions, or properties to generate revenue.

Buyer Bears

This concept refers to the condition in which the purchaser is responsible for any additional expenses that arise after a purchase agreement, such as repair or maintenance costs.

Price Wedge

The difference between the price paid by buyers and the price received by sellers, often resulting from taxes, subsidies, or other interventions in the market.