Which of the Following Is Not Something That Managers Can

question 55

Multiple Choice

Which of the following is not something that managers can do to make sure that ethical issues are considered in business decisions?

• A) Hire and promote people who have a strong sense of personal ethics
• B) Build an organizational culture that places a high value on ethical behavior
• C) Adopt the Friedman doctrine
• D) Act with moral courage
• E) Put decision-making processes in place that require people to consider ethical dimensions of business decisions

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Definitions:

Amalgamation

The process of combining two or more companies into a single new entity, typically to enhance competitive strengths or streamline operations.

Legal Procedures

Established methods and protocols under law by which rights or judgements are enforced and disputes are resolved.

Stock Exchange Bid

An offer made by an investor to buy a specific number of shares at a specified price on a stock exchange.

Control Block

A large number of shares, sufficient to give the shareholder significant influence or control over the company.