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With which of the following statements would most people in business agree? a. G

ID: 2811306 • Letter: W

Question

With which of the following statements would most people in business agree? a. Government agencies and firms almost always agree with one another regarding the restrictions that should be placed on hiring and firing employees. b. The short-run profits of a corporation will almost always increase if the firm takes actions the government has determined are in the nation's best interests. c. Although people's moral characters are probably developed before they get into a business school, it is still useful for business schools to cover ethics, including giving students an idea about the adverse consequences of unethical behavior to themselves, their firms, and the nation. d. Developing a formal set of rules defining ethical and unethical behavior is not useful for a large corporation. Such rules generally can't be applied in many specific instances, so it is better to deal with ethical issues on a case-by-case basis. e. Because of the courage it takes to blow the whistle, "whistle blowers" are generally promoted more rapidly than other employees.

Explanation / Answer

c. Although people's moral characters are probably developed before they get into a business school, it is still useful for business schools to cover ethics, including giving students an idea about the adverse consequences of unethical behavior to themselves, their firms, and the nation.

This is because the ethics which business school teaches to a person is more related with the ethical activities which will be beneficial to society, environment, public at large apart from self benefit.

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