
Concept explainers
To determine:
The level of agreement with the statement "A Good business person is a successful business person".
Introduction:
Morals are judgments, principles, and convention of good conduct in the society. They guide people toward acceptable behavior with regard to essential values. The main purpose of doing business is making money but a business also has some fiduciary responsibilities. It is true that today there is a huge competition in the business world but a company should not forget its ethical and social responsibilities. A company can still make money while adhering to an ethical code of business operations. A moral company gains advantage of its reputation and faith of the society. Good

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Chapter 3 Solutions
Fundamentals of Management: Essential Concepts and Applications (9th Edition)
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- The employment relationship: A. Indicate that employees are dependent on their employers for their livelihoods. B. Implies that employers depend on employees to make products, provide services, and run the organization internally. C. Refers to the relationship between employee and employer. D. All of these answers are correct.arrow_forwardSince the mid-1950s the proportion of American workers represented by unions has: A. Decreased. B. Grown only in the manufacturing sector. C. Remained about the same. D. Increased.arrow_forwardRomantic relationships in the workplace are described by which statement? A. Most businesses have strict policies forbidding all romantic relationships in the workplace. B. Almost all businesses ban romantic relationships between employees in the different departments. C. OSHA requires businesses to forbid workplace romantic relationships. D. Many companies allow managers to become romantically involved with subordinates, so long as they do not supervise them directly.arrow_forward
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