With Which of the Following Statements Would Most People in Business

question 26

Multiple Choice

With which of the following statements would most people in business agree?

• A) A corporation's short-run profits will almost always increase if the firm takes actions that the government has determined are in the best interests of the nation.
• B) Firms and government agencies almost always agree with one another regarding the restrictions that should be placed on hiring and firing employees.
• C) "Whistle blowers," because of the courage it takes to blow the whistle,are generally promoted more rapidly than other employees.
• D) It is not useful for large corporations to develop a formal set of rules defining ethical and unethical behavior.
• E) Although people's moral characters are probably developed before they are admitted to a business school,it is still useful for business schools to cover ethics,if only to give students an idea about the adverse consequences of unethical behavior to themselves,their firms,and the nation.

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Definitions:

Disease-resistant Crops

Plants genetically modified or bred to resist certain pathogens, reducing the reliance on chemical pesticides.

Technological Determinism

The idea that technological development shapes societal change and cultural values, indicating that technology causes social structures and cultural patterns to evolve.

Internal Combustion Engine

An engine in which the combustion of a fuel occurs with an oxidizer in a combustion chamber.

Steam Engine

A heat engine that performs mechanical work using steam as its working fluid, playing a crucial role in the Industrial Revolution by powering machinery, locomotives, and ships.