The Ethical Decision-Making Framework Includes All of the Following Steps

question 55

Multiple Choice

The Ethical Decision-Making Framework includes all of the following steps EXCEPT

• A) identify issues.
• B) promote the firm's corporate social responsibility efforts.
• C) gather information and identify stakeholders.
• D) brainstorm and evaluate alternatives.
• E) choose a course of action.

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Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or corporation, or rights to ownership as represented by an option.

Trade Balance

The difference in value between a country's imports and exports over a given period, a component of a country's balance of payments.

Merchandise Exports

Goods produced within a country and sold to customers in another country, contributing to the country's gross domestic product.

Capital Account

A national account that records the transactions involving international transfer of capital, such as foreign direct investments and portfolio investments.