Various Stakeholders and ____ Determine the Acceptable Standards of Conduct

question 43

Multiple Choice

Various stakeholders and ____ determine the acceptable standards of conduct involving ethics.

• A) the organization's ethical climate
• B) the federal government
• C) various self-regulating bodies
• D) governmental agencies
• E) the industry leader's ethics

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Definitions:

Societal Marketing

A marketing approach that considers not only the needs and wants of consumers but also the welfare of society and long-term environmental sustainability.

Marketing Practice

The implementation and application of marketing strategies and techniques by businesses to attract and retain customers.

Nonprofit Organizations

Organizations that operate for charitable, educational, scientific, or public safety purposes to benefit the public or a particular group of people, without intending to make a profit for its owners or members.

Retailers

Businesses or individuals that sell goods directly to consumers for personal or household use, acting as the final stage in the distribution chain.