Rules of Conduct That Guide Actions in the Marketplace Are

question 71

Multiple Choice

Rules of conduct that guide actions in the marketplace are called ________.

• A) social obligation
• B) social responsibility
• C) business ethics
• D) social awareness

---

Definitions:

Milgram's

Refers to a series of psychological experiments conducted by Stanley Milgram, which measured the willingness of participants to obey authority figures.

Group Pressure

The psychological force exerted by a group that encourages individuals to conform to its norms and expectations.

Social Networks

The complex web of relationships and connections among individuals that can provide support, information, and social interaction.

Interconnection

The link or relationship between different parts or elements, highlighting how they influence or relate to one another within a system.