Which Is Considered the Strongest Norm

question 14

Multiple Choice

Which is considered the strongest norm?

• A) folkways
• B) mores
• C) sanctions
• D) laws

Recognize the legal implications of business practices and the distinction between ethical and legal behaviors.

Identify ethical dilemmas and understand ethical behavior in business practices.

Understand the implications of public opinion on the perception of ethical standards in various professions.

Recognize the importance of ethics in marketing and business decisions.

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Definitions:

Government Officials

Individuals appointed or elected to positions of authority within government structures to oversee and implement laws and policies.

Mortgage Payments

Regular payments made towards a loan taken to purchase property, typically consisting of principal and interest components.

Down Payments

An initial payment made when purchasing something on credit, representing a portion of the total price, with the balance to be paid over time.

Foreign Corrupt Practices Act

A U.S. law that prohibits American companies and their employees from bribing foreign officials to gain a business advantage.