Ethical Behavior Occurs When Decisions Enable an Individual or Company

question 148

True/False

Ethical behavior occurs when decisions enable an individual or company to gain at the expense of society.

---

Definitions:

Personal Selling

A sales approach where individuals promote products or services through direct communication with potential buyers.

Customer Output-Unit-Level Costs

The costs associated with producing a single unit of product or service that is directly attributed to fulfilling customer demands.

Customer Lifetime Value Costs

Represents the total amount of money a business expects to spend on a customer throughout their entire relationship.

Customer Batch-Level Costs

Expenses associated with processing groups of items or orders rather than individual units, affecting pricing and profitability.