When Discussing Moral and Ethical Issues,it Is Helpful to Remember

question 66

Multiple Choice

When discussing moral and ethical issues,it is helpful to remember that ethical behaviour begins with:

• A)schools.
• B)religious institutions.
• C)law enforcement officers.
• D)each of us.

Identify the primary and secondary stakeholders of an organization.

Comprehend the concept and significance of corporate citizenship and how firms meet stakeholder expectations.

Understand the fiduciary duties of the board of directors towards the company and its stakeholders.

Recognize the importance of an organization’s reputation as an intangible asset with tangible value.

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Definitions:

Usage Rate

The quantity or the extent to which consumers use a product or service within a given timeframe.

Specific Period

A defined length of time during which certain events or conditions occur or are measured.

Patronage

The support or regular business given to a store, hotel, or other service provider by customers.

Behavioral Segmentation

The process of dividing a market into groups based on consumer knowledge, attitudes, uses, or responses to a product.