The Text Identifies Different Ways of Dealing with the Four

question 216

Multiple Choice

The text identifies different ways of dealing with the four rationalizations that are commonly used to justify unethical behaviour. Which one of the following courses of action is not a recommended way for dealing with at least one of the four rationalizations?

• A) When in doubt about a decision to be made or an action to be taken, don't do it.
• B) If other people and other companies are doing it, you are justified in doing it too.
• C) Look beyond the short-term results to address longer-term implications.
• D) Make sure everyone knows that wrongdoing will be punished whenever it is discovered.
• E) Organizational loyalty should not stand above the law and social morality.

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Definitions:

Financial Information

Data regarding monetary transactions, assets, liabilities, revenues, and expenses, crucial for decision-making in businesses and personal finance.

Bargaining Proposals

Suggestions or ideas put forward by either side in a collective bargaining negotiation aimed at reaching a mutual agreement.

Pay Increase

An upward adjustment in wages or salary granted to an employee based on performance, labor market conditions, or negotiations.

Competitive Disadvantage

A condition where a company or country is not as well-positioned as its competitors to compete effectively in the market, often due to inferior resources, capabilities, or strategies.