Which of the Following Situations Could Result in the Business

question 8

Multiple Choice

Which of the following situations could result in the business culture becoming a determining factor in ethical decision making?

• A)Lack of competition
• B)Law providing incomplete answers
• C)Lack of strong leadership
• D)Stagnant or decreasing profits

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Definitions:

Theocratic Law

A legal system in which laws are based on religious teachings and beliefs.

Procedural Law

The body of law that prescribes the process and methods for enforcing rights and duties and obtaining redress (as compared to substantive law, which deals with the rights and duties themselves).

Criminal Law

Laws and punishments that regulate social conduct and provide personal, property, and human rights protections.

Rule of Law Index

An indicator measuring how the rule of law is experienced and perceived in different countries around the world.