Which of the Following Is True of Corporate Ethics

question 50

Multiple Choice

Which of the following is true of corporate ethics?

• A) It has advanced from a core performance-assessment issue to an abstract debate.
• B) It does not require the senior executives of a company to be accountable to stakeholders.
• C) It no longer deals with performance measurement,but with cosmetic public relations.
• D) It has moved from the domain of legal departments into the organizational mainstream.

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Definitions:

Substitutes

Goods or services that can be used in place of each other; when the price of one goes up, the demand for the other can increase.

Elastic Demands

A market situation where the quantity demanded of a good or service significantly changes in response to a change in price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time period.

Substitutes

Products or services that can serve as replacements for each other, satisfying the same customer need or want.