Which of the Following Statements About Business Ethics Is True

question 36

Multiple Choice

Which of the following statements about business ethics is true?

• A) They are skills needed to identify and overcome business problems.
• B) They are of decreasing significance to businesses in the post-trust era.
• C) They are self-formulated values prioritized and adhered to by individuals in business.
• D) They measure the extent to which employees care for the needs of the business.
• E) They are commonly held principles in the business community for acceptable behavior.

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Definitions:

Salary Determination

Refers to the process by which the compensation levels for job positions within an organization are set, based on factors like market rates, experience, skills, and organizational budgets.

Multisource Feedback

A performance evaluation method that utilizes the viewpoints of multiple stakeholders, including peers, subordinates, and superiors.

Performance Ratings

The evaluation of an employee's work performance over a certain period of time.

Policy Decision

A deliberate choice or determination made by those in authority regarding the adoption of certain policies or courses of action.