With Which of the Following Statements Would Most People in Business

question 7

Multiple Choice

With which of the following statements would most people in business agreeσ

• A) the short-run profits of a corporation will almost always increase if the firm takes actions the government has determined are in the nation's best interests.
• B) government agencies and firms almost always agree with one another regarding the restrictions that should be placed on hiring and firing employees.
• C) although people's moral characters are probably developed before they get into a business school, it is still useful for business schools to cover ethics, including giving students an idea about the adverse consequences of unethical behavior to themselves, their firms, and the nation.
• D) developing a formal set of rules defining ethical and unethical behavior is not useful for a large corporation. such rules generally can't be applied in many specific instances, so it is better to deal with ethical issues on a case-by-case basis.
• E) because of the courage it takes to blow the whistle, "whistle blowers" are generally promoted more rapidly than other employees.

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Definitions:

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

Public Housing

Government-provided housing aimed at offering affordable living spaces to individuals and families with low to medium income.

Physically Demanding Job

Employment that requires a high level of physical effort, endurance, and strength, often involving manual labor.

Productivity

The efficiency at which goods and services are produced, often measured by output per unit of input over a specific period.