Which of the following is a valid reason for ethical behavior to be a necessary condition for high performance?
A. It fosters competitiveness.
B. It empowers first-line managers and supervisors.
C. It helps an organization maintain the status quo.
D. It contributes to good long-term relationships with employees, customers, and the public.
E. It encourages people to be highly innovative.
D. It contributes to good long-term relationships with employees, customers, and the public.
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Which of the following best defines the concept of shared value?
A) creating economic value in a way that also creates value for society B) creating economic value by means of maximizing profits C) creating economic value in a way that reduces prices D) creating economic value by increasing the quantity of products
The measure of damages in contracts cases is
A) The cost to the injured party of the consequences of a breach. B) Reasonable foreseeability C) Only those damages which are not considered too remote. D) Those losses that happen in the normal course of business. E) Both B and C