ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A financial advisor receives a bonus for selling a certain mutual fund. Her reason for taking this action, which some consider unethical, might be that the action
A
benefits the community.
B
is acceptable in foreign cultures.
C
is acceptable within the industry.
D
is committed by unethical employees.
Explanation: 

Detailed explanation-1: -Expert Answer Answer-1-Shooting down a colleague’s idea in a meeting Explanation-Shooting someone’s idea isn’t unethical but a way to handle tasks appropriately if the idea isn’t viable, charging a client for hours that are underperformed is very unethical, inqui…

Detailed explanation-2: -Tip. The four types of Corporate Social Responsibility are philanthropy, environment conservation, diversity and labor practices, and volunteerism.

Detailed explanation-3: -Philanthropic responsibility involves how a business devotes a percentage of its profits to charitable purposes. This form of social responsibility can also involve giving finished products to those in need or sponsoring fundraising events.

Detailed explanation-4: -Business ethics focuses mostly on personal ethical issues. Business ethics deals with right or wrong behavior within a particular organization. An ethical culture is based upon the norms and values of the company. Business ethics contributes to investor loyalty.

There is 1 question to complete.