Which of the Following Is NOT True Regarding Ethics in Organizations

question 67

Multiple Choice

Which of the following is NOT true regarding ethics in organizations?

• A) In recent years, ethics has become a major issue in U.S. organizations owing to corporate scandals such as Enron or WorldCom.
• B) Corporate scandals such as Enron and WorldCom have created a lack of trust in management.
• C) Companies that were in corporate scandals did not have codes of ethics.
• D) Codes of ethics are increasingly popular in U.S. organizations.
• E) A mission statement details an organization's primary values and the ethical rules it expects managers and employees to follow. .

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Definitions:

Exchange

The trade of things of value between buyer and seller so that each is better off after the trade.

MBA

Master of Business Administration, a graduate degree that focuses on business administration and investment management.

Marketing Exchange

The process by which two or more parties trade goods, services, or ideas in a way that benefits both sides, often involving monetary transactions.

Dairy Case

A refrigerated section in a grocery store where dairy products, such as milk, cheese, and yogurt, are displayed and stored.