Which of the following statements is true of the effect of the group on ethics in a corporate organization?
A. Coupled with an overemphasis on profit, the group effect reduces the difficulty of achieving an ethical business corporation.
B. In corporate life, it is difficult to overlook the unethical behavior of a superior when many fellow employees are also overlooking it.
C. Individuals in groups may feel a diminished sense of responsibility for actions taken, which invites ethical compromise.
D. Individuals feel more responsible for what happens in a group than in their individual lives.
E. Individuals hardly do unethical things when they are part of a group.
Answer: C
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Match each term with its correct definition.
A) Organizational chart B) Financial accounting C) Line position D) Managerial accounting E) Planning F) Directing G) Controlling 41) An accounting field that helps managers plan and control operations. 42) An accounting field that is required to follow Generally Accepted Accounting Principles. 43) The Board of Directors is shown at the top of this diagram. 44) Job that is directly involved in providing goods or services to customers. 45) The role managers play when they are motivating employees 46) The role managers play when they evaluate why results were different from expectations. 47) This role requires managers to look to the future.
At the end of the period, the balance remaining in work in process is reported on the balance sheet.
Answer the following statement true (T) or false (F)
All of the following serve as reasons why people form and join unions EXCEPT:
a. employee dissatisfaction with their supervisor b. pay and benefits c. job security d. unsatisfied employee needs e. lack of Herzberg’s motivator factors
Gerald files a petition in bankruptcy. An automatic stay will apply to actions by creditors seeking to collect Gerald's debts comprised of
a. alimony. b. child-support. c. none of the choices. d. car payments.