Only a Firm's Salespeople Need to Be Customer-Oriented

question 16

True/False

Only a firm's salespeople need to be customer-oriented.

Recognize the nature of corporate social responsibility and legal personhood in corporations.

Differentiate between descriptive theories, market value ethics, and their applications in societal values.

Understand the Responsibility to Protect (R2P) doctrine and its implications for national and international ethics.

Recognize the role of ethics in developing, formulating, and applying rules aligned with values.

---

Definitions:

Credit Balance

A situation where the amount of credits in an account exceeds the debits, signifying an amount owed to the account holder.

Accounts Payable

Liabilities representing amounts owed by a company to creditors for goods and services that have been purchased or received but not yet paid for.

Asset

An economic resource or a controlled item of value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Revenues

The total income generated from normal business operations, including discounts and deductions for returned merchandise.