Which of the Following Statements Is False

question 36

Multiple Choice

Which of the following statements is false?

• A) Ethical issues are limited to for-profit organizations.
• B) Business ethics goes beyond legal issues.
• C) Ethical conduct builds trust among individuals and in business relationships.
• D) Ethical conflicts may evolve into legal disputes.
• E) Regardless of what an individual feels about a particular action,if society judges it to be unethical,that judgment affects the organization's ability to achieve its objectives.

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Definitions:

Time-Discounted Profits

The present value of future profits, accounting for the time value of money and diminishing returns over time.

Chip Production

The process of manufacturing semiconductor devices, such as integrated circuits (ICs), used in various electronic devices and systems.

Penalty Kick

A method of restarting play in soccer, awarded for certain fouls within the penalty area, where a player kicks the ball from the penalty spot aiming to score against the opposing goalkeeper alone.

Kicker's Payoffs

Term used in game theory to describe the rewards or outcomes that a player (the "kicker") stands to gain from various actions.