Which of the Following Statements Regarding Ethical Dilemmas Is FALSE

question 33

Multiple Choice

Which of the following statements regarding ethical dilemmas is FALSE?

• A) An ethical dilemma occurs when an individual or team must make a decision that involves multiple values.
• B) The solution to an ethical dilemma simply involves choosing right over wrong.
• C) Some ethical dilemmas arise from competitive and time pressures.
• D) Leadership, rules, policies, and organizational culture can be helpful in resolving ethical dilemmas.

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Definitions:

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding taxes and interest.

Interest Rate

Interest rate is the percentage of the principal amount charged by lenders for the use of their money or paid by banks for keeping money in an account.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage, specifically the ratio of its total liabilities to its total assets.

Business Risk

The exposure to uncertainty and potential loss in a company’s operations due to factors like fluctuations in revenue or expenses.