When a Company Chooses What Principle to Follow on Issues

question 82

True/False

When a company chooses what principle to follow on issues of ethics and social responsibility, there are two common philosophies to use as guides: let the free market and legal system decide or let individual mangers and companies choose.

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Definitions:

Written Guidelines

Documents or instructions that provide specific advice or rules on how to perform tasks or handle situations, often used in professional and regulatory contexts.

Incoming Call

A telephone call that is being received by the call receiver rather than initiated by them.

Progress Report

A document or update that outlines the status of a project, highlighting accomplishments, challenges, and future steps.

Answering Time

The span of time it takes for a call or inquiry to be responded to, often used in customer service metrics.