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The CEO of a Pharmaceutical Firm Learns That the FDA

Question 1

Multiple Choice

The CEO of a pharmaceutical firm learns that the FDA is going to deny approval for one of the company's drugs.He knows this will have a negative effect on the company's stock,so he quickly tells his broker to sell all of his shares of company stock before the news is announced.This is an example of ________.


A) strategic CSR
B) whistle-blowing
C) utilitarianism
D) a code of ethics
E) insider trading

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