The Perceived Relevance or Importance of an Ethical Issue to the Individual

question 39

Multiple Choice

The perceived relevance or importance of an ethical issue to the individual, work group, or organization is

• A)organizational culture.
• B)immediate job context.
• C)ethical issue intensity.
• D)leadership.
• E)locus of control.

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Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good or service changes in response to a change in its price.

Consumption Reduction

A decrease in the amount of goods and services consumed by individuals or communities, often aimed at saving resources or money.

Price Increase

An upward adjustment in the cost of goods or services, often driven by factors like inflation, increased demand, or higher production costs.