To Create an Ethical Organization

question 53

Multiple Choice

To create an ethical organization:

• A) a company should use a bottom-up approach.
• B) top management should promote moral values and behave ethically.
• C) a company should offer employees lifetime employment.
• D) a company should use socialization tactics that lead to an institutionalized role orientation.

---

Definitions:

Excess Burden

The expense incurred by society due to market inefficiency, happening when there's a mismatch between supply and demand.

Tax Revenue

The earnings achieved by governments by levying taxes.

Excess Burden

The cost to society created by market inefficiency, mainly used in the context of taxes that cause consumers and producers to alter their behavior in ways that reduce economic well-being.

Excess Burden

The cost to society created by market inefficiency, which occurs when goods or services are not produced or allocated efficiently.