Which of the Following Statements Is True of Ethical Principles

question 80

Multiple Choice

Which of the following statements is true of ethical principles?

• A) Ethical principles can change over time.
• B) Ethics remain the same irrespective of the country or industry.
• C) Most people have common views on ethical and unethical practices.
• D) The personal code of ethics does not play a role in business decisions.
• E) Ethical principles are often easy to determine.

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Definitions:

Direct Investment

The acquisition of a controlling interest in a foreign business by means such as purchasing a company in the target country or expanding operations of an existing business in that country.

Overseas Production

The manufacturing of goods in a country different from where the products are sold, often to take advantage of lower labor costs or other economic conditions.