Research indicates that

A) formal education in ethics has little impact on ethical attitudes.
B) extreme competition reduces unethical behaviour.
C) business students have higher ethical standards than practising managers.
D) people with strong economic values seem prone to unethical behaviour.
E) managers view themselves as having looser ethical standards than their peers.

Formal Education

A structured and systematic form of learning that takes place within educational institutions, following a set curriculum.

Ethical Attitudes

Perspectives or beliefs regarding what is right, wrong, good, or bad in moral terms.

Economic Values

The worth of goods, services, or resources based on their utility and the benefits they provide to individuals or society.