Why should a code of ethics be put into writing regardless of the size of the business?:

a. It adds value to the share price
b. It helps stakeholders know which behaviors are acceptable and which are not
c. It satisfies the needs of the board
d. It helps profits


b. It helps stakeholders know which behaviors are acceptable and which are not

Business

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The write-off of the cost of an intangible asset is called

a. physical depreciation. b. functional depreciation. c. amortization. d. deterioration.

Business

One of the best ways managers can help build trust is to:

a) ensure that organizational guidelines are followed. b) protect the interests of those who are not present at the time as if they were. c) promote responsibility and total quality expectations. d) demonstrate integrity and ethical behavior.

Business

Market penetration strategies focus on selling existing goods and services to new customers.

Answer the following statement true (T) or false (F)

Business

Which of the following would constitute as an example of negligence per se?

A. Mellissa not checking if the new pair of jeans she bought was already defective B. Stella receiving a consignment of books that were damaged during shipment C. Matt buying a refrigerator that did not meet statutory safety requirements D. Shelton hurting himself with a drill because of a faulty lever

Business