Answer the following statements true (T) or false (F)

1. The rights approach of ethical decision-making fosters decisions made on moral
principles that infringe as little as possible on the entitlements of others.
2. The justice approach of ethical decision-making focuses on taking action that results
in the greater good for the majority of people.
3. Leaders more often feel a sense of loyalty to employees rather than shareholders.
4. According to the 2017 Edelman Trust Barometer, the majority of people consider
CEOs to be credible.
5. In a 2015 Neilson survey, almost two thirds of consumers said that they would pay
for more sustainable products.


1. true
2. false
3. false
4. false
5. true

Business

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What determine(s) the risk of investing in a bond issue, which in turn affects the interest rate investors demand and therefore the bond's price?

a. industry economic characteristics b. the financial health of a firm c. particular provisions of a bond issue d. all of the above e. none of the above

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Which of the following is true?

a. We remember 10 percent of what we read. b. We remember 80 percent of what we hear. c. We remember 50 percent of what we see. d. We remember less than 25 percent of what we see and hear simultaneously.

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Which of the following is an appropriate performance measure for a company whose corporate goal is to deliver quality products to its customers?

a. on-time delivery b. ability to respond to last-minute order changes c. proximity to the buyer’s premises d. delivery of defect-free products to buyer

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A partner may bind the partnership by her act if she has:

a. actual authority, express or implied, to perform the act. b. apparent authority to perform the act. c. Both answers are correct. d. None of these.

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