Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Creating competition between employees within the corporation: A. can encourage employees to deceive customers. B. should focus on improving corporate profit. C. must be

1. Creating competition between employees within the corporation:

A. can encourage employees to deceive customers.

B. should focus on improving corporate profit.

C. must be ignored when corporate ethics are developed.

D. can bring out the best in employees.

The text refers to the Sears experience in automotive repairs. The emphasis on meeting sales quotas created an environment that led employees to deceive their customers.

2. Following an ethics-based approach to decision making will normally lead to higher:

A. profits.

B. trust and cooperation.

C. prices.

D. employee turnover.

3. Following an ethics-based approach to decision making will normally lead to:

A. higher profits.

B. lower employee turnover.

C. lower prices.

D. more competition.

4. The Hum-dinger Corporation recently instituted a corporate ethics code. The president of the company realizes that ethical relationships are based on:

A. fairness and honesty.

B. strict penalties for illegal activities.

C. a full-time compliance officer monitoring employee behavior.

D. watchdogs and whistleblowers.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Robert Kemp, Jeffrey Waybright

2nd edition

978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152

Students also viewed these Accounting questions

Question

How can NAFTA be beneficial to suppliers of Walmart?

Answered: 1 week ago