Ethical Behavior on the Part of Plastics Products Company May

question 4

Multiple Choice

Ethical behavior on the part of Plastics Products Company may be inhibited by

• A)clear ethical standards.
• B)collective decision making.
• C)legislative determinations of what represents society's best interest.
• D)managers' dissent to unethical decisions.

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Definitions:

Capitalist Countries

Nations whose economic systems are characterized by private ownership of property and businesses, with the goal of generating profit.

Command-based Systems

Systems, particularly in computing or governance, where actions and processes are directed through explicit commands from a central authority.

Market-based Systems

Economic systems where decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in free markets.

Personal Wealth

Refers to the total value of all assets (such as money, investments, real estate) minus liabilities, owned by an individual or household.