What kinds of ethical problems can be created by corporate sales policies?
What will be an ideal response?
Sales reps may be asked to sell a product or service that they do not believe is in the best interests of their customers. This could be due to the expense, the level of quality, potential obsolescence, or similar product related concerns. Salespeople can be held accountable for illegal actions sanctioned by the employer, which can create ethical concerns and problems.
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The number of days' sales in inventory is the same as a company's accounting cycle
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. In the planning/control cycle, carrying out the plan is one of the control steps. 2. Managers must be willing to make large, painful decisions to suddenly alter strategy. 3. In a world of rapid and discontinuous change, the ability to please nonmanagerial employees has been called the golden trait among managers. 4. A business plan is a document with the purpose of outlining a proposed firm's profit and loss statements for its first operating cycle.
What was the first school of management in the United States?
A. Mandel Center for Nonprofit Organizations B. Wharton School at the University of Pennsylvania C. Yale Program on Nonprofit Organizations D. Center on Philanthropy at Indiana University
In selecting a foreign market, two critical issues for the entrepreneur are foreign market selection and market entry strategy.
Answer the following statement true (T) or false (F)