A Business Should Be Managed Ethically to Keep Existing Customers

question 120

True/False

A business should be managed ethically to keep existing customers and attract new customers.

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Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and rules.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Postconventional Moral

A level of moral reasoning that is based on abstract reasoning and principles, beyond societal norms or laws.

Segregation

The act or state of separating or setting apart from others or from the main body or group.