The processes by which decisions are evaluated and made on the basis of right and wrong in a company refers to its

A. distribution channel.
B. ethical climate.
C. legal responsibility.
D. organizational dynamics.
E. corporate code.

Ans: B. ethical climate.

Business

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Marketing planning begins with formulating an offering to meet target customers' needs or wants

Indicate whether the statement is true or false

Business

Two basic types of decision alternatives are used to arrive at acceptable production or staffing plans: supply options and demand options

If an organization that faces seasonal demand uses a supply option approach, which one of the following actions is it most likely to implement? A) introduction of complementary products B) creating a stock of anticipation inventory C) advertising to generate demand during off-peak periods D) discounting products in off-peak periods

Business