Ethical Behavior Is a Necessary Condition of High Performance Because

question 39

Multiple Choice

Ethical behavior is a necessary condition of high performance because:

• A) It fosters competitiveness.
• B) It empowers first-line managers and supervisors.
• C) It helps eliminate organizational anarchy.
• D) it contributes to good long-term relationships with employees, customers, and the public.
• E) it encourages people to be highly innovative.

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Definitions:

Annual Costs

The total expenses incurred by an individual or organization over the course of a year.

Required Return

The minimum return an investor expects to achieve by investing in a particular asset, considering the risk involved.

Customized Machine

A piece of equipment specifically designed and built to meet the unique requirements of a particular business or manufacturing process.

Operating

Pertains to the ongoing, day-to-day activities involved in running a business or an organization.