After Doing Something That Might Be Considered Unethical,a Rationalizer Says

question 41

Multiple Choice

After doing something that might be considered unethical,a rationalizer says: "It's not really illegal." This expresses a mistaken belief that:

• A)one's behavior is acceptable,especially in ambiguous situations.
• B)because someone can be found to benefit from the behavior,it is also in the individual's or the organization's best interests.
• C)a questionable behavior is really "safe" and will never be found out or made public.
• D)the organization's on behalf of whom the individual acts questionably)best interests stand above all others.
• E)as long as people have acted in good faith,their behavior is ethical.

Develop proficiency in calculating average costs per unit for variable and fixed cost components within the relevant range.

Understand and apply the concept of sunk cost, opportunity cost, and differential cost in business decisions.

Calculate the net operating income using the contribution approach.

Develop equations for cost formulas based on variable and fixed components.

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Definitions:

Prove Profitable

To demonstrate or confirm that an activity, investment, or venture is generating a financial profit or benefit.

Product-line Extension

The addition of new products to an existing line, offering customers new choices and expanding the product range.

Blueberry Cheerios

A flavor variety of Cheerios cereal that incorporates the taste of blueberries.

General Mills

A multinational manufacturer and marketer of branded consumer foods sold through retail stores.