Which of the Following Is NOT a Particularly Sound or Valid

question 8

Multiple Choice

Which of the following is NOT a particularly sound or valid reason why a company's strategy should be ethical?

• A) An unethical strategy reflects badly on the character of the company personnel involved.
• B) Most all shareholders believe it is honorable for their company to pursue an ethical strategy (even though it usually entails making less profit)and are turned off by company efforts to make greater profits via unethical means.
• C) An ethical strategy is in the self-interest of shareholders,partly because an unethical strategy can damage a company's reputation and partly because unethical behavior can be very costly in terms of fines and penalties,legal and investigative costs,customer defections,and lower employee morale.
• D) Customers shun companies known for their shady behavior and ethically upstanding company personnel are repulsed by a work environment where unethical behavior is condoned.
• E) A strategy that is unethical in whole or in part is morally wrong.

Understand and calculate inventory payments and purchases based on the given sales, inventory plans, and payment schedules.

Calculate total disbursements based on purchases, sales forecasts, and financial policies.

Determine collections for specific months using the accounts receivable period and sales data.

Understand how to calculate inventory purchases required for future sales based on cost of goods sold percentages and inventory policies.

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Definitions:

Discrimination

The unfair or prejudicial treatment of individuals based on personal characteristics, such as race, gender, or age.

Auto Repair

The act of fixing or servicing vehicles to ensure they operate correctly, often performed by mechanics in garages or workshops.

Employer Discrimination

The unfair treatment of employees or job applicants based on personal characteristics, such as race, age, or gender, rather than job qualifications.

Competitive Markets

Markets characterized by many buyers and sellers, where no single entity can control prices, and products are relatively homogeneous.