One meeting attendee represents the relativist view regarding ethical standards. She upholds the belief that "When in Rome, do as the Romans do"
What perspective does this attendee most likely hold regarding the questionable status of the supplier?
A) Freedom should require its suppliers to uphold universal standards of ethics.
B) Freedom should passively accept the practices that prevail in countries where it does business.
C) Freedom should attempt to correct unethical practices exhibited by its suppliers.
D) Freedom should be selective in which practices it attempts to correct on the part of suppliers.
B
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Marketing channels exist to create utility for customers. The major categories of channel utility include all of the following except:
A) place utility. B) price utility. C) information utility. D) form utility. E) time utility.
The stakeholder group with ultimate authority over the use of a corporation's resources is ________
A) managers B) customers C) government D) shareholders