It Is Not Possible for a Code to Make Clear

question 15

True/False

It is not possible for a code to make clear what a company expects of its personnel in terms of the ethical dimensions of corporate policies and actions.

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Definitions:

Production

A process that transforms resources into goods and services.

Absolute Advantage

The ability of a country, company, or individual to produce a good or service more efficiently than competitors using the same amount of resources.

Comparative Advantage

The ability of an individual, company, or country to produce a particular good or service at a lower marginal and opportunity cost over another.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower marginal cost and opportunity cost than its competitors.