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ethical dilemma quiz started: jun 27 at 11:10am quiz instructions this …

Question

ethical dilemma quiz
started: jun 27 at 11:10am
quiz instructions
this quiz contains 20 true/false questions worth 1 point each. you will have 30 minutes to complete the quiz.
question 14
a manager putting employees interest over stockholders interest is considered one of the ethical principles of professional business standards.
true
false

Explanation:

Analyze the manager's primary duty

Using the Ethical Principles knowledge point
In standard professional business frameworks, managers owe a primary fiduciary duty to the stockholders (owners) of the corporation. While modern business ethics emphasizes balancing stakeholder interests, prioritizing employee interests over stockholders' legal and financial interests is not established as a core ethical principle of professional business standards.

Evaluate the statement validity

Using the Ethical Principles knowledge point
Because professional standards emphasize the fiduciary responsibility to protect and maximize shareholder value within legal and ethical bounds, the statement is false.

Answer:

  • True
  • False (Correct answer)