Chapter 01 Ethics and Business

1.

Ethical decision making in business is limited to major corporate decisions with dramatic social consequences.

True False

2.

In business, every decision can be covered by economic, legal, or company rules and regulations.

True False

3.

The direct costs of unethical business practice are more visible today than they have ever been before.

True False

4.

In a general sense, a business stakeholder is one who has made substantial financial investments in the business.

True False