A Global Study of Business Ethics,published by the American Management

question 73

Essay

A global study of business ethics,published by the American Management Association found what three reasons for a lapse of business ethics? The main reasons for a lapse of business ethics are pressure to meet unrealistic business objectives/deadlines,a desire to further one's career,and a desire to protect one's livelihood.Medium;Knowledge

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Definitions:

Operating Income

The amount of profit realized from a business's operations after deducting operating expenses like wages, depreciation, and cost of goods sold.

Invested Assets

Items acquired or bought with the intention of earning income or profit.

Profit Margin

A financial metric displaying the percentage of revenue that remains as profit after all expenses have been deducted.

Operating Expenses

Costs related to the day-to-day operations of a business, excluding the cost of goods sold, such as rent, utilities, and payroll.