Which of the Following Statements Best Describes Ethics

question 84

Multiple Choice

Which of the following statements best describes ethics?

• A)Ethics are the moral principles or values that generally govern the conduct of an individual.
• B)Ethics is the standard of behaviour upon which legal actions will be made.
• C)Ethics are unrelated to social behaviour.
• D)Ethics and values are only situation-specific

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Definitions:

Sells Directly

The practice of selling products or services directly to the customer, bypassing any intermediaries or third-party retailers.

Binding Arbitration

A legal process in which a dispute is resolved by an arbitrator’s decision, which is final and enforceable by law, with no option for appeal.

Vertical Conflict

A type of conflict that occurs between different levels of the same channel, for example, disputes between a manufacturer and its wholesaler or retailer.

Foot Locker

A global retailer of athletic footwear and apparel, with stores in numerous countries, known for its wide selection of branded sports shoes, clothing, and accessories.