Managers of Corporations Need to Act in an Ethical Manner

question 12

Multiple Choice

Managers of corporations need to act in an ethical manner

• A)because ethics violations will be punished by the law.
• B)because a business must be trusted by investors,customers and the public if it is to succeed.
• C)because business managers must answer to a higher authority.
• D)because ethical behavior is its own justification.

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Definitions:

Advertising Behavior

The strategies and tactics used by companies to promote their products or services, often influencing consumer perceptions and demand.

One-Time Game

A strategic interaction (game) between two or more parties (players) that all parties know will take place only once.

Advertising Budgets

The allocation of financial resources by businesses towards promotional activities aimed at generating sales or awareness for their products or services.