Which of the Following Actions Would NOT Help to Rectify

question 4

Multiple Choice

Which of the following actions would NOT help to rectify a company's unethical and greed-driven culture?

• A) Require all company personnel to attend culture-training programs to better understand the new culture-related actions and behaviors that are expected.
• B) Promote individuals who have stepped forward to spearhead the shift to a different culture and who can serve as role models for the desired cultural behavior.
• C) Dismiss executives that exude an "ends-justify-the-means" mentality in pursuing overambitious operating and financial targets.
• D) Adopt accounting principles that make the company's financial performance appear better than it really is.
• E) Hire frontline employees display high-performance behaviors and a passion for making the company successful.

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Definitions:

Convex Preferences

A characteristic of consumer preference whereby a consumer prefers combinations or mixtures of goods over extreme amounts of single goods, displaying a preference for diversification.

Indifference Curve

A graph showing a combination of two goods that give a consumer equal satisfaction and utility, demonstrating the consumer's preference.

Optimal Consumption

The most efficient allocation of resources and consumption choices based on individual preferences, maximizing utility.

Utility Function

A representation of how a consumer ranks different bundles of goods according to their level of satisfaction or utility.