Which of the Following Statements Best Describes Business Ethics

question 49

Multiple Choice

Which of the following statements best describes business ethics?

• A)It involves applying ethical and moral standards to business behavior.
• B)It should be applied as a separate set of moral standards from general ethics.
• C)It deals exclusively with the ethical behavior of creditors and shareholders.
• D)It can by understood from two perspectives-consequentialism and constitutivism.

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Definitions:

Compounded Semi-Annually

Refers to the process where interest is added to the principal balance of an investment, loan or deposit twice a year.

Compounded Quarterly

Interest calculation method where the interest is added to the principal every quarter, affecting the calculation for subsequent quarters.

Principal

The initial amount of money borrowed or invested, excluding any interest or dividends.

Compounded Monthly

Interest on an investment or loan calculated and added to the principal amount on a monthly basis.