In their book Ethics for the Real World: Creating a Personal Code to Guide Decisions in Work and Life, Stanford management professor and ethicist Ronald A. Howard and entrepreneur Clinton D. Korver identify three categories of issues to which corporate ethics apply— ___________________ explaining that “no matter what [their] religion or culture, [people] will consider these three central to ethical behavior.”
a. financial, moral, and personal
b. financial, governance, and societal
c. deception, theft, and harm
d. narcissism, impropriety, and greed
c. deception, theft, and harm
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Door-to-door selling is a relatively inexpensive form of distribution that requires low gross margins
Indicate whether the statement is true or false
All the reasons for making decisions either at IC headquarters, at 100-percent-owned subsidiary headquarters, or cooperatively do not apply in joint venture situations.
Answer the following statement true (T) or false (F)
Clark and Nestor start a catering business together. They sign a legal contract that states that the business is owned by them. The agreement also states that they will have an equal share in the profits of the business and will be equally liable for any losses incurred by the business. This scenario exemplifies _____.
A. a strategic alliance B. countertrade C. a partnership D. barter
Which statement is incorrect concerning mortgages?
A) The mortgagee's interest terminates upon performance of the obligation secured by the mortgage. B) The mortgagee has the right to enforce the mortgage by foreclosure upon default by the mortgagor. C) The mortgagor must have complete or absolute ownership in the property. D) Generally, no particular form of language is required to create a mortgage.