In Business Relations All of the Following Are Influenced by Our

question 46

Multiple Choice

In business relations all of the following are influenced by our personal ethics EXCEPT ________.

• A) actions
• B) job titles
• C) thoughts
• D) words
• E) behavior

---

Definitions:

Cost of Goods Sold

An accounting term referring to the direct costs attributable to the production of goods sold by a company.

Rent Expense

A periodic payment made by a tenant to a landlord for the use of premises, buildings, or land.

Razor-And-Razor-Blade Model

A business strategy whereby a company sells a product at a low price (or gives it away for free) to drive the sales of complementary goods, such as consumables.

Intermediation Revenue Model

A business approach where a company earns income by acting as a middleman between two parties, typically in a transaction.