Social responsibility and managerial ethics are related, but different concepts.

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


Ans: True

Business

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Why is it especially important in marketing and sales messages to avoid implying offers or promises you cannot fulfill?

What will be an ideal response?

Business

As a result of compounding, the effective annual rate on a bank deposit (or a loan) is always equal to or less than the nominal rate on the deposit (or loan).

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

Business

Perceived customer value is determined by ________

A) subtracting relative cost of purchase from relative performance B) adding performance to enhancement value C) dividing product performance by average performance D) dividing product performance by the number of customers E) comparing the price-performance matrix entries

Business

Explain the importance of shared value as a means to attain sustainable competitive advantage

What will be an ideal response?

Business