The moral standards that guide marketing decisions and actions are called marketing ethics.
Answer the following statement true (T) or false (F)
True
Marketing ethics are the moral standards that guide marketing decisions and actions.
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When a small stock dividend is declared and the market value exceeds the par or stated value of the shares, the excess of market value over par or stated value should be entered in which of the following accounts?
a. Stock Dividends. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.
Bargain Inc's beginning inventory is $20,000 and purchases for the year are $80,000 . A physical inventory shows that $15,000 of the inventory remains at year end. How much is recorded as cost of goods sold for the year?
a. $75,000 b. $80,000 c. $85,000 d. $95,000 e. $105,000
The direct method for the preparation of the operating activities section of the statement of cash flows:
A. Reports adjustments to reconcile net income to net cash provided or used by operating activities in the statement. B. Separately lists each major item of operating cash receipts and cash payments. C. Is required if the company is a merchandiser. D. Reports a different amount of cash flows from operations than if the indirect method is used. E. Is required by the FASB.
Which of the following statements is FALSE about CFSCM program?
a. Actual demand information captured at point-of-sale is communicated through supply chain using information technology. b. Key customer service performance factors can be achieved faster with the collaboration of supply chain partners. c. The customers are linked to the lower-level members of the supply chain only. d. All supply chain activities are synchronized.