Why Should Business Be Ethical

question 18

Multiple Choice

Why should business be ethical?

• A) Most people want to act in ways that are consistent with their own sense of right and wrong.
• B) Ethical behavior protects business firms from abuse by unethical employees and competitors.
• C) Society's stakeholders expect it from businesses.
• D) All of the above.

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Definitions:

Relay Division

A unit within a company dedicated to the production and sale of relay components or systems.

Electronics Division

A specialized branch within a company that focuses on the development, production, and sale of electronic goods and devices.

Transfer Price

The cost applied to products or services exchanged between units or sections of the same corporation.

Pump Division

A specific department within a company that focuses on the production or sales of pumps.