Which of the Following Business Costs of Ethical Failures Causes

question 84

Multiple Choice

Which of the following business costs of ethical failures causes the least damage?

• A) Government penalty
• B) Loss of reputation
• C) Loss of employee morale
• D) Customer defection

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Definitions:

Mixed Strategy Equilibrium

A solution concept in game theory where players choose a probability distribution over possible actions, ensuring no player can benefit from changing their strategy unilaterally.

Company Policy

A set of principles, rules, or guidelines formulated or adopted by a company to achieve its long-term goals and manage its internal affairs.

Money Value

The purchasing power of money, which can be affected by inflation and the general price level of goods and services.

Arthur

In the context of economics, Arthur does not directly relate to a specific key term; in other contexts, it could refer to a person's name or a historical figure.