What Is the Difference Between Relativism and Normativism? How Do

question 85

Essay

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

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Definitions:

Maintenance Department

The division within an organization responsible for the upkeep, repair, and servicing of equipment and facilities.

Fixed Costs

Outgoings that remain invariable, regardless of operational output or sales numbers, encompassing costs like rent, employee pay, and safeguarding premiums.

Long-run Average Demand

is the average demand forecasted over a longer period, helping in strategic planning and capacity decisions.

Order Fulfillment Department

A unit within a company responsible for processing customer orders, ensuring products are delivered to customers efficiently and satisfactorily.