Which of the Following Is NOT True Regarding the Effect

question 77

Multiple Choice

Which of the following is NOT true regarding the effect of ethical standards on a company's strategy?

• A) An unethical strategy reflects badly on the character of the company personnel involved.
• B) A strategy that is unethical in whole or in part is morally wrong.
• C) Pursuing an unethical strategy damages a company's reputation and can have costly consequences.
• D) An ethical strategy is good business and is in the best interest of shareholders.
• E) An ethical strategy results in higher employee turnover.

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Definitions:

Principal Place of Business

The primary location where a corporation's executives direct, control, and coordinate the business activities.

Incorporated

The process by which a business is legally declared a corporate entity, separate and distinct from its owners, with its own rights and liabilities.

In Personam Jurisdiction

The legal authority of a court to require a person to appear before it and to subject that person to its decisions.

In Rem Jurisdiction

A legal principle concerning the power a court has over an object or status rather than over a person, often used in property disputes.