Which of the Following May Prevent the Creation of a Business

question 82

Multiple Choice

Which of the following may prevent the creation of a business climate conducive to unethical behavior?

• A) Excessive emphasis on short-term revenues
• B) Failure to establish a written code of ethics
• C) A desire for "quick fix" solutions to ethical problems
• D) Consideration of ethics solely as a legal issue or a public relations tool
• E) Willingness to take an ethical stand that may impose financial costs

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Definitions:

Gain or Loss

Represents the difference between the sale price and the purchase price of an asset, where it is a gain if the sale price is higher and a loss if the purchase price is higher.

Redeemed

The process of repaying or buying back securities or bonds before their maturity date.

Face Value

Is the nominal value or dollar value stated on a financial instrument, such as a bond or a stock.

Bond Issue

The process by which a borrower issues bonds to investors in order to raise capital under specific terms of repayment and interest.