Question

In: Accounting

please i need answers for this questions true or false 14-Cartels are unethical business practices toward...

please i need answers for this questions true or false


14-Cartels are unethical business practices toward the competitors. *
True
False

15-Employees should not utilize the workplace’s assets for their personal interests. *
True
False

16-An economic leader acts for the sake of the society. *
False
True

17-Sometimes Kantianism, Utilitarianism, and the Golden Rule might lead to the same decision. *
False
True

18-According to the stockholder model, business is not a charity. *
True
False

19-An advantage of the consequence-based theory is that it recognizes the intrinsic value of the human being. *
True
False

20-Customers, suppliers, employees, media, and shareholders are considered as primary stakeholders. *
True
False

21-a company deducting part of its annual profits for the children cancer center is most likely adopting the stockholder model of business responsibility. *
True
False

22-“Do unto others as you would have them do unto you” is the essence of the Golden rule. *
False
True

23-Privacy invasion, poor service, and theft of intellectual property are among the ethical issues that surround the world of online business. *
False
True

24-It is impossible for businesses to meet any ethical standards since ethics deviates firms from their main target which is the maximization of profits. *
False
True

25-Exaggerating the quality of goods in advertisements is considered ethical if the purpose behind this action is merely to persuade the target audience without harming their health. *
True
False

Solutions

Expert Solution

14  Cartels are unethical business practices toward the competitors--False

15-Employees should not utilize the workplace’s assets for their personal interests. True

16 16-An economic leader acts for the sake of the society. * True

17-Sometimes Kantianism, Utilitarianism, and the Golden Rule might lead to the same decision. * True

18-According to the stockholder model, business is not a charity. * True

19-An advantage of the consequence-based theory is that it recognizes the intrinsic value of the human being. True

20-Customers, suppliers, employees, media, and shareholders are considered as primary stakeholders. True

21-a company deducting part of its annual profits for the children cancer center is most likely adopting the stockholder model of business responsibility. * False

25-Exaggerating the quality of goods in advertisements is considered ethical if the purpose behind this action is merely to persuade the target audience without harming their health. *True

22-“Do unto others as you would have them do unto you” is the essence of the Golden rule. * True

23-Privacy invasion, poor service, and theft of intellectual property are among the ethical issues that surround the world of online business. * True

24-It is impossible for businesses to meet any ethical standards since ethics deviates firms from their main target which is the maximization of profits. * False


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