Which One of the Statements Below Would Be Considered a Reason

question 117

Multiple Choice

Which one of the statements below would be considered a reason why business people may NOT realize they are behaving in an unethical manner?

• A) They fail to question if the business decision is ethical
• B) They acknowledge the need for human rights
• C) They are aware of the cultural differences between countries
• D) They are driven by the acquisition of profits
• E) They have a personal code of ethics that they believe does not apply in the country

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Definitions:

Variable Cost

Costs that vary directly with the level of production or service delivery.

Total Cost

The sum of all costs incurred by a business to produce a specific amount of goods or services, including fixed and variable costs.

Average Variable Cost

The total variable costs (costs that change with the level of output) of production divided by the quantity of output produced.

Marginal Cost

The financial outlay for producing an incremental unit of a product or service.