Ethics are the accepted principles of conduct that govern behavior within a society
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Ethics are accepted principles that govern behavior within a society, and are often supported by laws. Corporate ethics may also include issues that are legal under law, but still not appropriate for the business.
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Which of the following is a disadvantage of the straight commission plan?
(a) It is difficult to compute and understand. (b) It has no scope for aggressive selling, which might be needed in highly competitive industries. (c) Based on a percentage of sales, this plan provides minimum inventive. (d) Salespeople are tempted to grant price concessions.
Organizations that follow the societal marketing concept most likely practice socially and environmentally responsible marketing
Indicate whether the statement is true or false