A code of ethics formally states a company's values regarding social and ethical issues.

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


True

A code of ethics is a formal statement of the company's values concerning ethics and social issues. It states those values or behaviors that are expected and those that are not tolerated.

Business

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An example of standardization is:

A) using the "Generation Next" theme in all of Pepsi's global markets B) using women with their faces covered in ads for Islamic countries C) developing a website in several languages D) using local salespeople

Business

In the aftermath of the Great Recession of 2008 to 2009, consumers ________

A) have become more value conscious B) have become less value conscious C) exhibit great interest in prestige pricing D) show no interest in price cutting E) rarely endorse value-for-money deals

Business

All of the following are leadership qualities, EXCEPT ______.

A. visionary B. innovates C. promotes change D. structured E. nurtures

Business

Donald likes to hold power but does not tend to use that power unless he is given a reason to do so. Donald is an example of a:

a. dormant stakeholder b. discretionary stakeholder c. demanding stakeholder d. dominant stakeholder

Business