Which of the Following Is True, According to Conscious Capitalism

question 29

Multiple Choice

Which of the following is true, according to conscious capitalism?

• A) Companies should operate with a holistic or systems view.
• B) Companies that practice conscious capitalism concentrate on giving superior results only to shareholders.
• C) People in an organization tend to closely watch what the top managers do and say.
• D) The manager will often act more in his or her own self-interest than for the corporate interest.
• E) The best ethics codes are legalistic or compliance driven.

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Definitions:

Forgone Rent

The potential income lost by choosing to use a property or resource in a way that is not financially optimal, such as using land for personal use instead of renting it out.

Rental Payments

Regular payments made by a tenant to an owner for the use of the owner's property or land.

Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Entrepreneur's Talent

Entrepreneur's talent refers to the unique skills, insights, and abilities that an entrepreneur applies to develop innovative ideas, overcome obstacles, and drive business success.