According to the Textbook, the Businesses That Have the Potential

question 38

Multiple Choice

According to the textbook, the businesses that have the potential to grow the fastest over a sustained period of time are ones that:

• A) solve a significant problem or have a major impact on their customers' productivity or lives
• B) are cost leaders and are promote themselves aggressively
• C) have a major impact on their customers' lives and sell high quality products
• D) take advantage of environmental trends and are cost leaders
• E) solve a significant problem or sell high quality products

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Definitions:

Moral Development

The process by which individuals acquire and refine ethical principles and behaviors over time.

Ethical Reasoning

The act of examining and deciding upon choices based on adherence to ethical norms.

Organizational Culture

The set of shared beliefs, values, customs, and practices that influences the way employees interact and work in a company.

Ethical Intensity

indicates the degree to which an issue or situation is recognized as having ethical implications that affect its stakeholders.