All of the following statements about a person's moral philosophy are true EXCEPT:
A. Moral philosophy is influenced by the societal culture he or she is in.
B. Moral philosophy is influenced by the corporate culture he or she is in.
C. Moral philosophy is learned through the process of socialization with family.
D. Moral philosophy is learned through the process of socialization with friends.
E. Moral philosophy cannot be learned through formal education.
Answer: E
You might also like to view...
The amount owed the IRS is recorded in the accounting records in which account?
A) Income Tax Expense B) Income Tax Liability C) Deferred Tax Expense D) Deferred Tax Liability
Describe what is meant by the 'three-legged stool.'
What will be an ideal response?
Zinc Corp. is planning to purchase a new machine. The initial investment outlay is expected to be $40,000, and the annual supplemental operating cash flows that the machine is expected to generate during its three-year life are $11,000, $15,000, and $18,000, respectively. The company's required rate of return is 9 percent. Which of the following statements is correct about the machine's net present value (NPV) and the decision of Zinc Corp. should make?
A. Accept the project because NPV = $4,000 B. Reject the project because NPV = -$3,384 C. Accept the project because NPV = -$4,382 D. Reject the project because NPV = $16,981 E. Accept the project because NPV = $76,616
Figure 3-1Using Figure 3-1 above, identify and explain the five environmental forces (A, B, C, D, and E) that affect an organization.
What will be an ideal response?