Which of the Following Statements Is True with Regard to Ethical

question 4

Multiple Choice

Which of the following statements is true with regard to ethical codes?

• A) Issues can be handled solely by relying on ethics codes.
• B) Conflicts sometimes emerge within ethics codes and among various organizations' codes.
• C) Ethics codes tend to be proactive rather than reactive.
• D) Codes do not conflict with institutional policies and practices.

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Definitions:

Brand Loyalty

The tendency of consumers to continually purchase the same brand's products or services over time due to positive experiences and perceived value.

Market Segmentation Strategies

The process of dividing a broad consumer or business market into sub-groups based on shared characteristics, to tailor marketing strategies effectively.

Advantages and Disadvantages

A comparison of the positive aspects and drawbacks of a particular decision, product, or strategy.