The Moral Principles and Standards That Guide Behavior in the World

question 113

Multiple Choice

The moral principles and standards that guide behavior in the world of business are called

• A) Corporate principles.
• B) Business philosophy.
• C) Organizational development.
• D) Business ethics.
• E) Organizational politics.

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about a population.

Nonnormal Population

A population distribution that does not fit the normal (bell-shaped) distribution pattern, often having skewness or kurtosis.

Approximately Normally Distributed

Describing data that roughly follows a bell curve, with most values clustering around a central mean.

Sampling Distribution

A statistical measure that describes how likely different outcomes are, based on data from a random sample, which is utilized to draw conclusions about the broader population.