Which of the following is an example of ethical behavior of the management of a corporation?
A)Executives of the corporation pursue their own personal interests when making important business decisions.
B)Payment of bribe by the management of the corporation to foreign governments to obtain business.
C)The management of the corporation uses confidential information for personal gain.
D)The management actions are often resulting in large gains for themselves and large losses for stockholders.
E)The management takes steps to adhere to laws and regulations relating to product safety.

Question

Quizplus · Accepted Answer

Option E is an example of ethical behavior because it involves the management taking steps to ensure that they adhere to laws and regulations relating to product safety. This behavior shows a commitment to the welfare of customers and stakeholders, rather than prioritizing personal interests or gains. Options A, B, C, and D, involve unethical behavior like pursuing personal interests over the interests of stakeholders, paying bribes to obtain business, using confidential information for personal gain, and prioritizing personal gains over shareholder interests.

Which of the Following Is an Example of Ethical Behavior