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A Corporate Culture Founded on Ethical Business Principles and Socially

Question 71

Multiple Choice

A corporate culture founded on ethical business principles and socially approved values


A) virtually guarantees that a company will be (or soon become) the acknowledged industry leader because of the ethical and socially approved manner in which its business is being conducted.
B) doesn't necessarily impact a company's long-term strategic success favorably or unfavorably.
C) does more to detract from a company's chances for strategic success and market leadership than to help it.
D) is a positive force underlying a company's long-term financial success and reduces the likelihood of lapses in ethical and socially approved behavior that can damage the company's reputation.
E) is seldom more than window-dressing and is generally regarded by customers, suppliers, employees, shareholders, and society at large as nothing more than good public relations.

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