With Respect to Business Ethics, It Can Be Said That

question 267

Multiple Choice

With respect to business ethics, it can be said that "it takes two to tango." This indicates that:

• A) dancing around issues should be part of a firm's code of ethics.
• B) an individual's behavior is influenced by the behavior of others.
• C) teamwork eliminates a need for personal ethics.
• D) management is insensitive to ethical issues.

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Definitions:

Targeting Strategy

A marketing approach that involves identifying and focusing on specific segments of the market that are most likely to be receptive to a product or service.

Consumers

Individuals or groups who use goods and services generated within the economy, playing a critical role in the demand and supply chain.

Positioning

The process of establishing a brand or product in the market by differentiating it from competitors, targeting specific consumer segments.

Benefits

Advantages or favorable outcomes provided, often in the context of employment, such as healthcare or retirement savings.