In the context of the legal and ethical dimensions of business conduct, it is illegal but ethical to:

A. produce products that you know will break before their time.
B. reward integrity and lead by example.
C. encourage fraudulent accounting.
D. collaborate with other medical clinics to guarantee low prices in low-income counties.


Answer: D

Business

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________ risk occurs if the product fails to perform up to expectations

A) Physical B) Financial C) Social D) Psychological E) Functional

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Katrina’s organization is hiring for low-skilled jobs in an industry where unemployment is high and it is easy to find replacement workers. Adopting a(n) ______ organizational philosophy on compensation could allow her to hire plenty of workers.

A. wage compression B. below-market C. pay for longevity D. skill-based pay

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The World Court is a body of the United Nations that provides a way to settle international disagreements between corporations

Indicate whether the statement is true or false.

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