Which of the Following Statements About Business Ethics Is False

question 93

Multiple Choice

Which of the following statements about business ethics is false?

• A) It concerns the impact of a business's activities on society.
• B) It refers to principles and standards that define acceptable behavior in business organizations.
• C) It relates to an individual's values and moral standards and the resulting business decisions he or she makes.
• D) What is ethical is determined by the public,government regulators,interest groups,competitors,and each individual's personal moral values.
• E) Studying it can help you recognize ethical issues and understand how others make unethical decisions.

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Definitions:

Normally Distributed

Describes a distribution of data that forms a bell-shaped curve, symmetrical about its mean, implying that mean, median, and mode are equal.

Weight Loss

The reduction of total body mass due to efforts to improve fitness and health, or to change appearance through slimming.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, commonly used in probability theory and statistics.

Random Variable

A variable whose values are outcomes of a random phenomenon and are subject to variability, characterized by a distribution.