In a short essay, explain whistle-blowing and list the four-step process that must take place before a firm is notified by a whistle-blower of potentially unethical behavior.
What will be an ideal response?
Whistle-blowing is the process in which an employee informs another responsible party in the
company about potentially unethical behavior. The four-step process includes the following
questions:
Question 1: Did the individual observe behavior that was illegal, immoral, or illegitimate? If yes,
move to question 2.
Question 2: Should the activity be reported? If yes, move to question 3.
Question 3: Should the questioned activity be halted by the firm? If yes, move to question 4.
Question 4: What should be done concerning the whistle-blower?
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Expenses are incurred
A) to generate revenue. B) to produce liabilities. C) only during the adjustment process. D) to produce assets.
Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership?
A. Corporations generally find it relatively difficult to raise large amounts of capital. B. Less of a corporation's income is generally subjected to taxes than would be true if the firm were a partnership. C. Corporate shareholders escape liability for the firm's debts, but this factor may be offset by the tax disadvantages of the corporate form of organization. D. Corporate investors are exposed to unlimited liability. E. Corporations generally face relatively few regulations.
According to the value-percept theory, in which of the following scenarios would the employee be the most dissatisfied?
A. Lorenzo likes physical activity and taking risks. His job in a circus involves both of these elements, but he also spends time cleaning animal cages. B. Levente wants to work with people, so he took a job with a boat tour company. He didn't realize most of his hours would be spent alone doing paperwork. C. Sofia wants to work with numbers. As an accountant, she works with numbers for the majority of her time in the office. D. Rokas likes helping people who are less fortunate, so he took a job as a social worker. Although he spends hours helping the poor, he dislikes his hour-long commute. E. Laura wants to focus on scientific research. In her job for Lako Chemical, about half of her time involves research and the rest involves meetings.
________ have the highest click-through rate of the online advertising formats.
A. Billboard display ads B. Video ads C. Leaderboard display ads D. Pop-up ads E. Half-page ads