From a Stakeholder Point of View, Which of the Following

question 3

Multiple Choice

From a stakeholder point of view, which of the following must be satisfied for a decision to be considered ethical?

• A) The decision should demonstrate virtues reasonably expected.
• B) The decision should result in more benefits than costs.
• C) The decision should not offend the rights of any other stakeholders.
• D) The distribution of benefits and burdens should be fair.
• E) All of these must be satisfied for a decision to be considered ethical.

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Definitions:

Communication Channels

The mediums through which information is transmitted from one party to another, including verbal, non-verbal, and digital pathways.

Cross-channel Consumers

Consumers who engage with a brand through multiple channels or platforms, such as online, in-store, and mobile, seeking a seamless shopping experience across all touchpoints.

Webrooming

The practice of researching products online before going to a physical store to make a purchase, the opposite of showrooming.

Cross-channel Consumer

A buyer who uses multiple channels or platforms for shopping, including online, in-store, and mobile, to make purchase decisions.