Match each term with the correct statement below.
a. social responsibility
b. ethics
c. business ethics
d. moral philosophy
e. utilitarian philosophy
f. humanistic philosophy
g. consumerism
h. insider trading
1. What is the term for the awareness on the part of a business that its activities have an impact upon society and that it considers that impact in decision making?
2. When an individual chooses to make decisions based upon honoring their moral duties to others it is called this.
3. What are the set of principles that dictate acceptable behavior?
4. What is it called when the basis for a decision is that which produces the greatest good for the largest number?
5. What are activities aimed at protecting consumer rights called?
1. A) social responsibility
2. F) humanistic philosophy
3. D) moral philosophy
4. E) utilitarian philosophy
5. G) consumerism
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Indicate whether the statement is true or false
Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes?
A. Each employee can manage only one product category. B. Each product category has one manager. C. Each product category can have no managers or multiple managers. D. Each employee must be assigned to manage at least one product category.
Which of the following is an example of revenue?
A. Cash received from the sale of land for its original selling price B. Cash received as a result of a bank loan C. Cash received from investors from the sale of common stock D. Cash received from customers at the time services were provided
Milos files a petition in bankruptcy. His dischargeable debts include
a. domestic-support obligations. b. student loans unless the lender would suffer undue hardship. c. court costs, trustee fees, and attorney's fees associated with the bankruptcy. d. unsecured credit-card debt.