Ethical Issues That May Arise in Projects Large and Small

question 74

Multiple Choice

Ethical issues that may arise in projects large and small include:

• A)gifts from contractors.
• B)exaggerated expense reports.
• C)compromised quality standards to meet bonuses or avoid penalties related to schedules.
• D)pressure to mask delays with false status reports.
• E)all of the above.

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Definitions:

Deforested

Areas that have been cleared of trees and converted to non-forest use.

Extraction Cost

All costs associated with extracting a natural resource and readying it for sale.

User Cost

The opportunity cost of using a durable good, which includes the depreciation of the good and any cost associated with its use, such as maintenance.

Enforceable Property Rights

The legal recognition of an individual's or entity's claims to ownership, which can be defended and upheld in court.