Figure 4-2Identify and briefly describe each of the three factors identified in Figure 4-2 above that influence one's personal moral philosophy and ethical behavior.
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The three major factors affecting business ethics are (A) societal culture and norms, (B) business culture and industry practices, and (C) corporate culture and expectations. Culture is the set of values, ideas, and attitudes that are learned and shared among members of a group. Culture also serves as a socializing force that dictates what is morally right and just. This means that moral standards are relative to particular societies. Business cultures are made up of the effective rules of the game, the boundaries between competitive and unethical behavior, and the codes of conduct in business dealings. Corporate culture is a set of values, ideas, and attitudes that is learned and shared among the members of an organization.
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Companies in which the parent firm has 100 percent ownership are known as __________________.
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Briefly discuss the significant changes in entrepreneurship from the 1960s to the 1990s.
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______ is the personal duty to someone else (a higher level manager or the organization itself) to use organization resources effectively to complete an assignment.
A. Responsibility B. Principles C. Accountability D. Authority
It makes little difference where a company is displayed in a list of search results on the Internet, as long as the message is clear.
Answer the following statement true (T) or false (F)