Global Distribution Corporation Suggests That Its Employees Apply the "Categorical

question 18

Multiple Choice

Global Distribution Corporation suggests that its employees apply the "categorical imperative" to ethical issues that arise at work.This re?quires that the employees

• A)categorize the issues according to legality,morality,and profitability.
• B)consider only the benefits that would accrue to them personally.
• C)look only at the result,regardless of the means to attain it.
• D)weigh the consequences that would follow if everyone acted the same.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, with holders possibly entitled to dividends and voting rights.

Cumulative Preferred Stock

A type of preferred stock that accrues dividends in case they are not paid as scheduled, ensuring that dividends are paid out before any dividends can be issued to common stock shareholders.

Dividends Per Share

The total amount of dividends declared by a company for each share of stock held.

Fiscal Year

A one-year period used for financial reporting and budgeting that may not align with the calendar year.