An Ethical Business Not Only Treats Customers and Employees Honestly

question 103

Multiple Choice

An ethical business not only treats customers and employees honestly but also acts as a good citizen in its community. These broader obligations of citizenship are called

• A) community commitment.
• B) philanthropy.
• C) environmentalism.
• D) social responsibilities.

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Definitions:

Advertising Expenditures

The total amount of money spent on promoting a product, service, or brand through various advertising channels and platforms.

Customer Demand

The desire and willingness of consumers to purchase goods or services at a given price over a specific time period.

Management's Commitment

The dedication and proactive involvement of a company's management team in implementing and achieving strategic goals, often reflecting the organization's values and culture.

Promotional Budget

The allocation of financial resources dedicated to marketing, advertising, and promoting a product or service.