Which of the Following Is True of Business Ethics

question 44

Multiple Choice

Which of the following is true of business ethics?

• A) Ethical standards are universal in nature.
• B) Supervisors should refrain from balancing between meeting an organizational goaland benefitting the society at the same time.
• C) Business ethics is aninsignificantissue unless one gets caught.
• D) Ethical behavior can improve anorganization's relations with the community.

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Definitions:

Rewards Systems

The mechanisms or programs designed by an organization to recognize, reward, and motivate employees’ achievements and performance.

Culture Change

The modification of a society or organization's values, norms, and practices over time.

Resistance To Change

Refers to the opposition or pushback from individuals or groups when they perceive that a change occurring within an organization is a threat to them.

Formalized Rules

Established regulations and procedures designed to guide behavior and operations within an organization or institution.