The effect of ethical standards on a company's strategy does NOT
A. encompass what is unethical in whole or in part as morally wrong.
B. automatically result in damage to a company's reputation and have costly consequences.
C. always reflect badly on the character of the company personnel involved.
D. lead to lower employee morale and higher employee turnover.
E. constitute good business and pursue the best interest of shareholders.
Answer: D
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Social capital is found in the knowledge, skills, and abilities of individual employees.
Answer the following statement true (T) or false (F)
U.S. managers believe that to motivate workers, it is necessary to satisfy their:
A. physiological needs. B. safety needs. C. lower-order needs. D. higher-order needs.
A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the
A. Porter's model for competitive environment. B. Peter's model for organizational excellence. C. microenvironment. D. supply chain management. E. task environment.
Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed costs of $30,000, and operating income of $36,000. Based on this information, the budgeted amount of variable costs for 20,000 units would be:
A) $99,000. B) $90,000. C) $66,000. D) $30,000. E) $150,000.