Which of the Following Is a Reason Why a Business

question 24

Multiple Choice

Which of the following is a reason why a business should be managed ethically?

• A) It's the right thing to do.
• B) There are strict global regulations require it.
• C) It's the law in the U.S.
• D) Your employees demand it.

Describe the factors involved in choosing an ethical course of action after brainstorming and evaluating alternatives.

Differentiate firms that practice corporate social responsibility from those that practice conscious marketing.

Explain the strategic marketing planning process and the integration of ethical considerations.

Describe specific CSR efforts by companies to mitigate criticism and support social responsibility.

---

Definitions:

Value of Money

The purchasing power of money, which can be influenced by factors like inflation and the supply of money in an economy.

Price Level

The current generalized average price of the economy's goods and services.

Money Market

A sector of the financial market where participants borrow and lend short-term, high-quality debt securities.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, currency, and certain types of bank deposits.