Ethical Principles as They Apply to Business Conduct and Business

question 34

Multiple Choice

Ethical principles as they apply to business conduct and business decisions

• A) deal chiefly with a company's standards about what is right and wrong insofar as the conduct of its business is concerned and about what behaviors are expected of company personnel.
• B) deal chiefly with the behaviors that a company's board of directors expects of all company personnel in both their conduct on the job and their conduct off the job.
• C) involve the rules a company's top management and board of directors make about "what is right" and "what is wrong."
• D) are not materially different from ethical principles in general.
• E) are generally less stringent than the ethical principles for society at large because it is well understood that businesses should not be expected to operate any differently from what the law requires of them.

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Definitions:

Salivation

The secretion of saliva in the mouth, which can be stimulated by the sight, smell, thought, or taste of food.

Unconditioned Response

A naturally occurring reaction to an unconditioned stimulus that does not require learning.

Conditioned Response

A learned reaction to a previously neutral stimulus that occurs after repeated association with an unconditioned stimulus.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without prior learning or conditioning.