BUS-1201 Lecture Notes - Fiscal Policy, Monetary Policy, Microsoft Powerpoint

Which of the following is an advantage of the corporate form of​ business?

 

A) separation of ownership and management.

B) low​ start-up costs.

C) limited liability of stockholders.

D) less degree of government regulation.

Which of the following statements is true of business ethics?

a. Ethical behavior can not only enhance a company's reputation but can also drive profits.

b. Conducting business in an ethical manner does not influence the financial performance of a company.

c. Social responsibility is directed only toward a company's customers and not its employees.

d. Social responsibility in business is less important than satisfying shareholders.

e. Business ethics is not relevant to nonprofit organizations.