Which of the following statements about group and organizational norms is false?
A. The pressures of escalating commitment may predispose parties to commit more unethical actions.
B. Organizations may exert direct pressures on an individual to breach ethics or even break the law in the service of achieving some corporate or organizational goal.
C. Job related pressures within particular work groups, departments, or divisions may be such that marginally ethical behavior is not only tolerated, but even condoned.
D. The more loyalty and commitment people feel toward an organization, the less likely they may be to suspend their own ethical judgment and engage in unethical behavior.
Answer: D
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Companies have tried to challenge corporate campaigns by charging unions with blackmail, extortion, and other illegal interference in business relations, primarily under the same law used to prosecute the mafia, the ________ Act.
Fill in the blank(s) with the appropriate word(s).
The constraint for a given resource is given by the following equation:
2X1 + 3X2 ? 20 If X1 = 5 and X2 = 3, how many units of this resource are unused? A) 20 B) 19 C) 1 D) 0 E) 17
In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the creditors of the corporation, is called the:
A. Working capital. B. Stated value. C. Par value of preferred. D. Premium capital. E. Minimum legal capital.
Chad has offered to take Miles into his accounting firm as a partner upon payment of $5,000 cash. In response, Miles says, "I'll give you $3,000 cash now and I will pay you the remainder in two months after I see whether things are working out as a partnership." In this case:
A) Miles has made a counteroffer; hence there is no contract. B) Miles has rejected the terms of the original offer, but there is still a contract. C) Chad is a merchant making a firm offer under Article 2 of the UCC. Hence there is a contract. D) any indefinite provisions in the contract between Chad and Miles will be supplied by Article 2 of the UCC.