Describe the Four Ethical Rules or Principles and Discuss Their

question 24

Essay

Describe the four ethical rules or principles and discuss their managerial implications.

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Definitions:

Customer Orders

Requests by customers to purchase goods or services from a seller.

Supplier Performance

The assessment of a supplier's ability to meet buyer expectations, including factors such as product quality, delivery time, and compliance with terms.

Rapid Response

The ability to react quickly and effectively to unexpected situations or changes, often crucial in emergency or customer service scenarios.

On-Time Delivery

The process of delivering goods or services to customers at the promised or scheduled time without delays.