Define a code of ethics. Do codes cover every business situation?
What will be an ideal response?
A code of ethics is a written guide to acceptable and ethical behavior in an organization. A code outlines uniform policies, standards, and punishments for violations. A code of ethics cannot possibly cover every situation that might arise in an organization. An environment in which employees recognize the importance of complying with the written code must also be in place.
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Suggestion selling, point-of-purchase displays, and attractive store layouts are used by retailers to _____
a. reduce selling costs b. increase customer service c. increase impulse sales d. reduce channel conflict
Acme Global just received a very large order from a customer. It does not have the ability to fill the order using their current workforce working a normal workweek and does not expect to continue receiving such orders from this customer. Which of the following options would best address this temporary shortage of employees?
A. Reducing turnover B. Outsourcing C. New hires D. Overtime E. Retraining nonmanufacturing employees
Community property it is created when a real property owner or lessor agrees to convey the right to possess and use the property to a lessee (tenant) for a certain period of time
a. True b. False Indicate whether the statement is true or false
When a seller has agreed to supply all of the needs of a buyer, there is a(n):
a. totality contract b. fulfillment contract c. output contract d. such contracts are not allowed under the UCC e. none of the other choices