Jordon, a senior executive at a marketing firm, used to regularly meet international clients to discuss future projects. After one of his recent meetings went wrong, Jordan, in a fit of rage, threw a paper weight at his junior associate. The firm's management immediately terminated Jordan for this act. In the context of business ethics, Jordon was guilty of _____ in this scenario.
A. an ethical lapse
B. ethical hacking
C. an ethical dilemma
D. ethical consumerism
Answer: A
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Answer the following statements true (T) or false (F)
1.A subsidy granted to import-competing producers is intended to lead to increased domestic production and decreased imports for the home country. 2.A subsidy granted to an import-competing producer shifts its supply schedule outward to the right. 3.A subsidy granted to an import-competing producer imposes a deadweight loss on the domestic economy equal to the redistribution effect plus consumption effect. 4.A subsidy granted to import-competing producer reduces overall domestic welfare by the same amount as would a tariff or quota that restricts imports by the same amount. 5.To the extent that subsidies granted to exporting firms reduce the foreign price of their goods, the subsidizing country's terms of trade worsen.
Which of the following is true?
a. Cash flow data is superior to earnings under the accrual basis in predicting long-term performance of an entity. b. Earnings under the accrual basis is superior to cash flow data in predicting short-term performance of an entity. c. Earnings under the accrual basis is superior to cash flow data in predicting long-term performance of an entity. d. Cash flow data is superior to earnings under the accrual basis in predicting both short- and long-term performance of an entity.
Jacob often manipulates charges on his travel expenses to indicate higher amounts when he travels for the company he works for. Trent, the accounts manager, accepts fake bills and assists Jacob in deceiving the company. They split the profits made this way. This is an example of theft by:
A. adverse possession. B. employee nonfeasance. C. employee collusion. D. vendor fraud.
An employer's temporary withdrawal of employment to pressure employees to agree to the employer's bargaining proposals is known as a(n):
a. layoff. b. ad-hoc closure. c. lockout. d. retrenchment.