The External Forces That Have an Impact on the Ethical

question 22

Multiple Choice

The external forces that have an impact on the ethical behavior of an individual include all of the following EXCEPT:

• A) political environment.
• B) role models.
• C) ethical codes.
• D) international developments.

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Definitions:

No Change

A term indicating that a variable or condition remains constant or unaltered in a given context.

Product Demand

The desire and willingness of consumers to buy a specific product, influenced by factors such as price, quality, and consumer preference.

Pure Monopolist

A market structure where a single firm controls the entire market for a product or service, with no close substitutes and high barriers to entry.

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies with changes in quantity sold.