Ethical Principles as They Apply to Business Conduct and Business

question 2

Multiple Choice

Ethical principles as they apply to business conduct and business decisions

• A) deal chiefly with standards a company has (and that are elaborated in its code of ethics) about what is right and wrong insofar as the conduct of its business is concerned and about what behaviors are expected of company personnel.
• B) deal chiefly with the behaviors that a company's board of directors expects of all company personnel in both their conduct on-the-job and their conduct off-the-job.
• C) involve the rules a company's top management and board of directors make about "what is right" and "what is wrong."
• D) are not materially different from ethical principles in general.
• E) are generally less stringent than the ethical principles for society at large because it is well understood that businesses should not be expected to operate any differently than what the law requires of them.

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Definitions:

Increasing Order

Arranging items or values so that each successive item is larger or greater than the preceding one.

Encoding

The process by which information is transformed into a format that can be stored and used in memory.

Seriation

The cognitive ability to arrange objects in sequential order based on a particular characteristic, such as size, color, or age.

Mainstreaming

An educational strategy that involves placing students with special needs in general education classrooms, promoting their inclusion in typical academic and social activities.