Why Do Corporate Codes of Ethics Often Focus on Salespeople

question 20

Multiple Choice

Why do corporate codes of ethics often focus on salespeople?

• A)Salespeople have more varied contacts,so they have more opportunities for ethical choices.
• B)Salespeople tend to be less honest than other employees in the company.
• C)Codes of ethics tend to be written by sales executives.
• D)Professional organizations do not focus on salespeople,so corporate codes of ethics need to.
• E)Non-sales positions do not have opportunities to make ethical choices in their work.

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Definitions:

Fixed Asset

A fixed asset is a long-term tangible piece of property or equipment that a company owns and uses in its operations to generate income. Fixed assets are not expected to be converted into cash in the short term.

Physical

Pertaining to objects, materials, or substances that occupy space and have measurable properties, often contrasted with digital or virtual counterparts.

Cost Basis

Cost basis represents the original value or purchase price of an asset for tax purposes, adjusted for factors like depreciation. It is used to calculate capital gains or losses upon disposal of the asset.

Special Acquisition Fees

Costs incurred during the acquisition of a company or significant assets that are not directly related to the purchase price.