Feety Shoes, a footwear manufacturing company, acquires Skeez Leathers, a leather
manufacturing company. This would be an example of a _____ merger.
A. congeneric
B. vertical
C. horizontal
D. conglomerate
Virtue ethics focuses on the classic notion that the key to good ethics lies in a person’s
_____.
A. character
B. responsibilities
C. rights
D. rules
Which of the following statements is true of the triple bottom-line approach?
A. The only responsible and moral course of behavior is to reap the highest return
possible, within the law.
B. Financial success is necessary, but social and environmental responsibilities are of
equal importance, and corporations paying attention to those social and economic duties
will contribute to both organizational and societal sustainability.
C. The goal of business is to ensure the short-term viability of an organization€s plans
as organizational priorities change with time.
D. Businesses have only one social responsibility-to use their resources and engage in
activities designed to increase their profits, so long as they stay within the rules of the
game, which is to say, engage in open and free competition, without deception or fraud.