2 TEST BANK—UNIT ONE: THE FOUNDATIONS
UNIT ONE—FOCUS ON LEGAL ETHICS:
ETHICS AND THE LEGAL ENVIRONMENT OF BUSINESS
2. Energy Resources Company develops its marketing strategies in terms of what
its management perceives as its ethical obligations, which represent its
a. legal liability.
b. profitability.
c. standards of right and wrong.
d. unilateral corporate duties.
3. Commercial Wholesale, Inc., conducts its operations unethically, which, when
revealed, will likely affect its
a. good will only.
b. profits only.
c. reputation only.
d. good will, profits, and reputation.