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Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962 Exercise 36
Ethical Issues
The following statements have appeared in newspaper editorials:
1. Business students come from all segments of society. If they have not been taught ethics by their families and by their elementary and secondary schools, a business school can have little effect.
2. Sacrificing self-interest for the collective good won't happen unless a majority of Americans also accept this premise.
3. Competent executives manage people and resources for the good of society. Monetary benefits and titles are simply the by-products of doing a good job.
4. Unethical firms and individuals, like high rollers in Las Vegas, are eventually wiped out financially.
Required:
CONCEPTUAL CONNECTION Assess and comment on each of the statements.
The following statements have appeared in newspaper editorials:
1. Business students come from all segments of society. If they have not been taught ethics by their families and by their elementary and secondary schools, a business school can have little effect.
2. Sacrificing self-interest for the collective good won't happen unless a majority of Americans also accept this premise.
3. Competent executives manage people and resources for the good of society. Monetary benefits and titles are simply the by-products of doing a good job.
4. Unethical firms and individuals, like high rollers in Las Vegas, are eventually wiped out financially.
Required:
CONCEPTUAL CONNECTION Assess and comment on each of the statements.
Explanation
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Ethical behavior, as the name suggests i...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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