Question

A fast food restaurant chain, specializing in fried chicken, adds fried shrimp to its menu. Based on the given

information, which of the following corporate strategies is the restaurant following?

A) Concentration strategy

B) Differentiation strategy

C) Vertical integration

D) Conglomerate diversification

E) Lateral diversification

What does the Sarbanes

-

Oxley Act, passed in 2002, require of companies?

A) To choose more independent boards of directors

B) To have someone other than manager

s sign off on financial results

C) To keep two sets of books, one public and one private

D) To use a looser set of accounting rules

E) To pay executives large annual bonuses

Which of the following statements about compliance

based ethics programs are true?

A) The programs do not create a moral commitment to ethical conduct.

B) The programs are developed by moral thinkers.

C) The programs emphasize personal

responsibility for ethical behavior.

D) The programs promote moral excellence in an organization.

E) The programs tolerate some illegal behavior.