Podcast
Questions and Answers
What do ethics generally refer to?
What do ethics generally refer to?
- Economic theories and models
- Moral principles and values applied to social behavior (correct)
- Moral laws and regulations
- Business strategies and plans
What percentage of Mylan's operating profits did EpiPen's annual revenue account for by 2015?
What percentage of Mylan's operating profits did EpiPen's annual revenue account for by 2015?
- 40% (correct)
- 30%
- 50%
- 20%
What is the primary concern in determining business ethics?
What is the primary concern in determining business ethics?
- Application of moral principles (correct)
- Maximizing profits
- Compliance with the law
- Satisfying shareholder demands
What was the primary reason for Mylan's price increase of EpiPens from $100 to $600, assuming it was legal?
What was the primary reason for Mylan's price increase of EpiPens from $100 to $600, assuming it was legal?
What is the 'moral minimum' in business ethics?
What is the 'moral minimum' in business ethics?
What is the main concern in the 'Front Page Article' dilemma?
What is the main concern in the 'Front Page Article' dilemma?
From the perspective of agency theory, what is the primary focus of corporate governance?
From the perspective of agency theory, what is the primary focus of corporate governance?
Why did the mid-sized U.S. company outsource its accounting functions to a company in India?
Why did the mid-sized U.S. company outsource its accounting functions to a company in India?
According to Milton Friedman, what is the primary social responsibility of a firm?
According to Milton Friedman, what is the primary social responsibility of a firm?
What is the primary consequence of executives prioritizing social concerns over profit maximization, according to Friedman?
What is the primary consequence of executives prioritizing social concerns over profit maximization, according to Friedman?
What is the primary purpose of an EpiPen?
What is the primary purpose of an EpiPen?
What was the result of aligning the interests of top executives with shareholders in the U.S.?
What was the result of aligning the interests of top executives with shareholders in the U.S.?
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