In Economics, Products Are Considered "Differentiated" Only If

question 129

Multiple Choice

In economics, products are considered "differentiated" only if

• A)they are physically or chemically different
• B)sellers decide that they are different
• C)buyers think that they are different
• D)the government determines that they are different
• E)they are produced by different firms

Identify different ethical philosophies and their application in business decisions.

Describe the role of codes of ethics and their impact on organizational culture.

Explain the principles of utilitarianism and its implications for decision-making.

Understand the concept and implications of whistleblowing in organizations.