Which of the Following Statements Is FALSE

question 9

Multiple Choice

Which of the following statements is FALSE?

• A) An implicit code of ethics is learned as employees become socialized into the organization and the corporate culture of the retailer
• B) Ethics are a set of rules for moral human behavior
• C) All retailers must have a written explicit code of ethics
• D) When buying merchandise, the retailer can face at least four ethical dilemmas; these relate to product quality, sourcing, slotting fees, and bribery
• E) Ethical standards can influence the retailer-employee relationship in three ways: misuse of company assets, job-switching, and employee theft

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Definitions:

Position and Condition

This phrase generally relates to the state or circumstances of a particular situation or entity at a certain time.

Costly Legal Action

Legal proceedings that incur significant expenses, often involving litigation or dispute resolution processes.

Guardianship

A legal process designed to protect individuals who are not capable of caring for themselves, by appointing someone to make decisions on their behalf.

Mentally Incompetent

A legal status indicating a person's inability to make decisions or handle affairs because of mental incapacity.