What is a code of ethics? How does it differ from a corporate credo and an ethical policy statement?

What will be an ideal response?

A code of ethics is a formal statement of ethics and values that is designed to guide employee conduct in a variety of business situations. A corporate credo details a company's responsibility to its stakeholders. An ethical policy statement is a firm's formal guidelines that provide specific formulas for employees' ethical conduct. This informs employees of acceptable standards of conduct.

Business

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The five situational influences that have an impact on the purchase decision process are ______.

habits, routines, problem solving, research, and delayed decisions personal influences, the reference group, family, friends, and the Internet problem recognition, search, alternative evaluations, the decision process, and postpurchase behavior the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states

Business

When you write an unsolicited cover letter, ________

A) gaining attention is relatively easy B) you are replying to a posting that requests applications C) your audience is actively looking for someone to fill the job D) do not end the letter by requesting an interview E) you need to persuade your audience to read your letter rather than discard it

Business