Business ethics and marketing ethics are synonymous terms.
Answer the following statement true (T) or false (F)
False
Business ethics refers to the moral or ethical dilemmas that might arise in a business setting according to various moral and ethical principles that might arise in a business setting, and any special duties or obligations that apply to persons engaged in commerce.
Marketing ethics examines ethical situations that are specific to the domain of marketing, including societal, global, or individual consumer issues.
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Arbitrage opportunities represent a disadvantage of international expansion.
Answer the following statement true (T) or false (F)
The present value of the expected pension benefits that will ultimately be paid is the:
A. minimum balance sheet liability. B. accrued pension liability. C. accumulated benefit obligation. D. projected benefit obligation.
Assume the following information for Western Sales, Inc.:
• Common Stock, $1.00 par, 232,000 shares issued, 185,000 shares outstanding • Paid-In Capital in Excess of Par—Common: $1,690,000 • Retained Earnings: $2,460,000 • Treasury Stock: 47,000 shares purchased at $17 per share If Western Sales purchases an additional 8000 shares of treasury stock at $20 per share, what number of shares will be shown as issued and outstanding? A) 185,000 issued; 185,000 outstanding B) 224,000 issued; 185,000 outstanding C) 232,000 issued; 177,000 outstanding D) 232,000 issued; 185,000 outstanding
"Revenues" are best described as:
A) decreases in resources resulting from the purchase of goods for the provision of services. B) increases in resources resulting from the sale of goods or the provision of services. C) assets used or consumed in the sale of products or services. D) an increase in the financing activities section of the statement of cash flows.