This reflects a difference in business ethics.
- Business customs can be divided into three categories: imperatives, which must be acknowledged and accommodated; electives, which can be adapted to but are not required to; and exclusives, in which outsiders are not permitted to participate.
- In foreign marketing, flexibility of approach is essential.
- The fundamental distinction between business ethics and general ethics is that general ethics include all moral ideals, but business ethics only pertain to matters of business.
What is business ethics reflection?
- Everyone should possess a strong sense of business ethics. It reveals how the person's character is reflected.
- Being morally upright is recognizing what is right and wrong, among other things.
- Because a firm is all about providing excellent customer service, the business ethics of its employees are very significant.
Learn more about business ethics
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Answer:
The correct answer is option C.
Explanation:
Cyclical unemployment can be defined as the unemployment caused by business cycles mainly because of recession in the economy.
Structural unemployment can be defined as the unemployment caused by the mismatch in the skills of the workers and the skills required for the jobs available.
Frictional unemployment is the temporary unemployment cause because of shifts in the job. When people move from one job to another it causes frictional unemployment. But it exists only for a short period.
The cyclical unemployment is caused by downturns in the business cycle, neither frictional nor structural unemployment causes cyclical unemployment.
Answer: Performance Efficiency pillar
Explanation:
The performance efficiency pillar simply focuses on the efficient utilization of information technology and computing resources.
Some key topics that are involved in the performance efficiency pillar include choosing resource types, monitoring performance, and also maintaining efficiency as the business develops.
Answer:
d. All of these explanations could be relevant.
Explanation:
Change in demand for small luxury condominiums, from large single family homes could be : due to any of these three reasons - changing 'taste & preferences' of people
- Increase in senior citizen (old parents) , whose children have moved away from home. So, they might feel settling in community apartments better rather than full lonely homes (without children)
- Urban area aged people tend to have higher income & financial base for purchasing luxury condominiums
