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Ethical Practices Are Not Necessary to Build Trust and Long-Term

question 193

True/False

Ethical practices are not necessary to build trust and long-term relationships with customers.


Definitions:

Target Profit

The desired amount of profit a company aims to achieve within a specific period.

Unit Sales

A measurement of the total quantity of units of a product sold by a company.

Contribution Margin

The sum left over from sales income once all variable costs are subtracted.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain time period, such as rent, insurance, and salaries.

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