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

1. In recent years, white-collar crime in the United States has become very rare. 
2. The Josephson Institute suggests a TEAM (Teach, Enforce, Advocate, Model) approach for parents to encourage good financial habits in children. 
3. Unsustainable business practices have resulted from an often accepted but untrue notion that natural resources are limitless. 
4. Having to attend too many meetings or feeling a lack of respect are typical reasons that some people don't find being a manager fulfilling. 


1. FALSE
Bernard Madoff is but one of a long list of famous business scoundrels of the early 21st century. Not since sociologist Edwin Sutherland invented the term white-collar crime in the 1930s have so many top-level executives been hauled into court as during recent years.
2. FALSE
The Josephson Institute suggests that parents can take a TEAM (Teach, Enforce, Advocate, Model) approach to help children learn the importance of honesty.
3. TRUE
Our economic system has brought prosperity, but it has also led to unsustainable business practices because it has assumed that natural resources are limitless, which they are not.
4. TRUE
Many people simply don't find being a manager fulfilling. They may complain that they have to go to too many meetings, that they can't do enough for their employees, that they are caught in the middle between bosses and subordinates. They may feel, at a time when Dilbert cartoons have created such an unflattering portrayal of managers, that they lack respect.

Business

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