Standards for the Code of Ethics for Market Intelligence Professionals

question 87

Multiple Choice

Standards for the Code of Ethics for Market Intelligence Professionals includes:

• A)manipulating the data as the researcher sees fit.
• B)providing honest and realistic recommendations and conclusions in the execution of one's duties.
• C)complying with enforced laws,but allowing for bribery where socially acceptable.
• D)abiding by personal guidelines,even if they fall out of line with the company's guidelines.
• E)concealing information,such as one's identity,for the integrity of the results.

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Definitions:

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor, like labor or capital, indicating the value of the marginal product of the factor.

Marginal Resource Cost

The additional cost incurred by using one more unit of a resource in production, contributing to decision-making about resource allocation.

Labor Demand Data

Information and statistics related to the number of workers that employers are willing and able to hire at different wage levels.

Labor Supply Data

Information and statistics regarding the availability of workers and their willingness to work at various wage levels.