List and Briefly Explain the Seven Factors to Take into Consideration

question 23

Essay

List and briefly explain the seven factors to take into consideration in determining the morality of giving and receiving gifts in a business situation.

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Definitions:

Physical

Relating to or concerning the body as opposed to the mind or spirit.

Psychological

Relating to the mind or mental processes and how they influence behavior, emotions, and cognition.

Stressor

Any event or situation that causes stress, forcing an individual to adapt or react to mitigate the source of stress.

Stress Response

The body's reaction to any change that requires an adjustment or response, which can involve physical, mental, or emotional strain or tension.