How would you respond to the following statement: "Marketing and selling are synonyms"?

What will be an ideal response?


The statement is false. Professional selling is a component of marketing.

Business

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Mai's company has recently moved its factories to Vietnam. As part of its commitment to the International Code of Ethics for Canadian Business, the company is using Vietnamese consultants to help them ensure consistency with universally accepted labour standards, including those related to exploitation of child labour. This practice reflects which principle of the Code?

A) Employees Rights and Health & Safety B) Community Participation and Environmental Protection C) Human Rights D) Business Conduct E) This is not a matter covered by the principles of the Code

Business

Both U.S. GAAP and international financial reporting standards (IFRS) require the use of the lower-of-cost-or-market rule to value inventories

a. True b. False Indicate whether the statement is true or false

Business

In 1989, Fred Davis proposed a model which predicts the use of new systems. What is the name of this model?

A. Unified Theory on the Acceptance and Use of Technology. B. System Use Model. C. Individual Technology Efficacy Model. D. Technology Acceptance Model.

Business

"We ought to stop at a red light, even if no cars are coming and I could get to my destination that much sooner." Identify the ethical approach that follows this line of thought.

A. Utilitarianism B. Virtue ethics C. Ethics of principles D. Role ethics

Business