Which of the Following Is Not a Challenge a Common

question 69

Multiple Choice

Which of the following is not a challenge a common challenge to business ethics and values management?

• A) Ethics cannot be taught.
• B) Complying with the law is all that a corporation needs to do to remain ethical.
• C) Ethics cannot be managed.
• D) Success is measured in profits and losses, not in ethical conduct.

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Definitions:

Total Revenue

The total income received by a firm from the sale of its goods or services.

Marginal Revenue

Marginal revenue is the additional income generated from selling one more unit of a good or service.

Marginal Revenue

The rise in income achieved by selling an extra unit of a product.

Total Revenue

The overall amount of money generated by a company or entity from its activities, such as sales of goods or services, before any costs or expenses are deducted.