The Public May Positively View Organizations That Do Business in an Ethical

question 35

True/False

The public may positively view organizations that do business in an ethical manner, but acting ethically has no effect on business performance.

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Definitions:

Modernization Theory

A theory that explains the process of transition from traditional or underdeveloped societies to modern societies.

Economic Development

The way in which a nation boosts the economic, political, and social standards of its citizens.

World Systems Theory

An analytical framework that suggests there is a world economic system in which some countries benefit while others are exploited, essentially dividing the world into core, semi-periphery, and periphery countries.

Malnutrition

A condition resulting from a diet lacking in proper nutrients or the inability to absorb or utilize these nutrients.