Which of the Following Statements Describes Ethics

question 62

Multiple Choice

Which of the following statements describes ethics?

• A) Ethics are the moral principles or values that generally govern the conduct of an individual.
• B) Ethics is the standard of behavior by which conduct is judged.
• C) Morals are a foundation for ethical behavior.
• D) Ethical values are situation specific and time oriented.
• E) All of the statements describe ethics.

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Definitions:

Financial Indicator

A metric used to gauge the financial health or performance of a business, market, or economy.

Retail Space

Retail space refers to premises used to conduct retail operations where goods and services are sold directly to consumers.

Sales Per Square Foot

A metric used to evaluate the efficiency of a retail space, indicating the average revenue generated per square foot of sales area.

Selling Area

The physical or digital space where products or services are displayed and offered to consumers for purchase.