Ethical Formalism

question 17

Multiple Choice

Ethical formalism

• A) supports a situational analysis
• B) allows choices to vary based on the consequences of one's actions
• C) is absolutist
• D) give great latitude in deciding what choice to make

Identify the key promotional elements significant to various stakeholders.

Recognize the importance of personal selling in the business buying process.

Comprehend the concept of media multitasking among diverse demographics.

Understand the implications of privacy concerns on marketing strategies.

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Definitions:

Defendants' Punitive Damages

Financial compensation that a defendant may be ordered to pay, over and above the actual damages, to punish and deter particularly egregious conduct.

Majority Shareholder

An individual or entity that owns more than 50% of a company's shares, giving them significant control over company decisions.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Fiduciary Duty

An obligation under the law for an individual to prioritize another's interest, often involving someone trusted with managing finances or assets.