Compared to the Average Company, Firms with Strong Ethical Climates

question 25

Multiple Choice

Compared to the average company, firms with strong ethical climates tend to

• A)employ more business development consultants.
• B)offer more goods and services.
• C)be more socially responsible.
• D)invest more in sales training software.
• E)have higher turnover.

---

Definitions:

Compounded Quarterly

The process of calculating interest added to the principal balance of an investment or loan every three months, leading to interest earned on interest.

Present Value

The contemporary valuation of a future money sum or cash flow series, based on a defined rate of interest.

Quarterly Withdrawal

The act of removing funds from an account or investment four times a year, typically every three months.

Present Values

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to address the time value of money.