Which of the Following Is Not a Challenge to the Concept

question 43

Multiple Choice

Which of the following is not a challenge to the concept that values management programs should not be given priority in the corporate world?

• A) ethics cannot be taught
• B) complying with the law is all that a corporation needs to do to remain ethical
• C) ethics cannot be managed
• D) success is measured in profits and losses, not in ethical conduct

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Definitions:

Government Policy

The strategies and actions taken by a government to manage its affairs and meet objectives in various areas, including economic, social, and foreign policy.

Producer Surplus

The variation between anticipated seller revenue for a good or service and the eventual financial return.

Government Funds

Financial resources collected and disbursed by the government, including taxes, fees, and revenue from owned assets.

Total Surplus

The combined benefit that a market's participants receive, represented by the sum of consumer surplus and producer surplus.