Which of the following statements is true about the role and effect of profits on ethical corporate behavior?
A) In many modern business corporations, the responsibility for profit making is decentralized.
B) Making a profit usually deteriorates the common good.
C) Profit earning is the least important goal in the contemporary business environment.
D) A decline in the Protestant ethic reduces the emphasis on corporate profit.
E) In many situations, focusing on profits hinders managers from engaging in any unethical behavior.

Question

Quizplus · Accepted Answer

The primary goal of the modern business corporation is to produce a profit. In many corporations, the responsibility for profit making is decentralized.

Which of the Following Statements Is True About the Role