You Just Got Back from Vacation and Are Getting Ready

question 16

Multiple Choice

You just got back from vacation and are getting ready to post pictures online of all the fun you had.Which of the following photos would be appropriate to post on social media?

• A) A photo of you dancing on a tabletop wearing a shirt with your company logo on it.
• B) A photo of you in a pool with two beers in each hand.
• C) A photo of you horseback riding on the beach with friends.
• D) A photo of you out to dinner,holding hands with a prospective client.

Identify transactions involving external exchanges.

Recognize correct journal entries for various financial transactions.

Understand the various ethical principles and their applications in the business context.

Distinguish between ethics and morality, and their relevance in personal and professional settings.

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Definitions:

Normative Approach

A method or strategy that is based on norms, or standards and values considered to be typical or correct for a specific group.

Brand Purpose

The reason a brand exists beyond making a profit, often reflecting its values and the social or environmental benefit it seeks to provide.

Ethical Framework

A structured set of guidelines or principles designed to guide decision-making and conduct, particularly regarding moral or ethical issues.