In the Business World,the Purpose of Ethics Is to Direct

question 32

True/False

In the business world,the purpose of ethics is to direct business men and women to make as much money as they can any way possible.

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Definitions:

Sales Commissions

Payments made to salespersons, often calculated as a percentage of the sales they generate.

Marketing Manager

A professional responsible for overseeing the promotion and selling of a company's products or services, including planning and executing marketing strategies.

Contribution Format

is an income statement format that separates fixed and variable costs, highlighting the contribution margin.

Net Operating Income

The profit generated from a company's operational activities after subtracting operating expenses from revenue.