The Moral Principles and Values That Govern the Actions and Decisions

question 57

Multiple Choice

The moral principles and values that govern the actions and decisions of an individual or group are known as:

• A)Social norms
• B)Laws
• C)Ethics
• D)Religious precepts

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Definitions:

E-Retailing

The selling of goods and services through online platforms, also known as electronic retailing, encompassing a wide range of online business models.

Cyber-Retailing

The activity of selling products or services through electronic means, such as the internet, rather than through a physical retail store.

Department Stores

Merchandise outlets that carry a wide variety of product lines, with each line operated as a separate department and managed by specialist merchandisers and buyers.

Full-Line Discount

A retail strategy where a store offers a wide variety of products from different categories at discounted prices.