Infinite Sales Corporation obtains an insurance policy that protects Infinite Sales in the event of the death or disability of Jacqueline, Infinite's executive sales manager. This is
A. casualty insurance.
B. fidelity or guaranty insurance.
C. key-person life insurance.
D. term life insurance.
Answer: B
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An issue of low moral intensity to a person is most likely to ______.
a. not garner their attention b. not illicit an opinion when noticed c. have high consequences if ignored d. illicit unethical behavior in response
Which of the following conditions would cause the break-even point to increase?
A) Total fixed costs decrease B) Unit selling price increases C) Unit variable cost decreases D) Unit variable cost increases
For a company to translate its performance of value chain activities into a competitive advantage, it must
A. have at least three distinctive competencies. B. have more competitive assets than competitive liabilities. C. have competencies that allow it to produce the highest-quality product in the industry. D. have more core competencies than rivals. E. undertake ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.
Which of the following is an effective tool for preventing individual ethical lapses?
a. Ethics training b. Screening c. Internal controls d. All of the above