Podcast
Questions and Answers
What is the primary focus of nurturing positive relationships with customers in a company-wide process?
What is the primary focus of nurturing positive relationships with customers in a company-wide process?
- Customer relationship management (correct)
- Pricing strategy
- Marketing tactics
- Business ethics
What does the pricing strategy consider when setting prices for consumers?
What does the pricing strategy consider when setting prices for consumers?
- Only cost of inputs
- Only distribution and overhead costs
- Cost of inputs, distribution, and overhead (correct)
- None of the above
What is the primary focus of business ethics in entrepreneurship?
What is the primary focus of business ethics in entrepreneurship?
- Protecting employee and customer rights (correct)
- Maximizing profits
- Increasing market share
- Minimizing costs
What is the better course of action in a partnership dispute?
What is the better course of action in a partnership dispute?
What is an example of gross negligence in a business setting?
What is an example of gross negligence in a business setting?
What is the primary goal of ethical decision-making processes in business?
What is the primary goal of ethical decision-making processes in business?
What is a consequence of failing to address unethical behavior in the workplace?
What is a consequence of failing to address unethical behavior in the workplace?
Which of the following is an example of unethical communication in business?
Which of the following is an example of unethical communication in business?
What is a key aspect of sustainable entrepreneurship?
What is a key aspect of sustainable entrepreneurship?
What is a consequence of business fraud?
What is a consequence of business fraud?
What is a primary goal of corporate social responsibility initiatives?
What is a primary goal of corporate social responsibility initiatives?
What is a characteristic of entrepreneurs with high ethical standards?
What is a characteristic of entrepreneurs with high ethical standards?
What is the primary concern in marketing, particularly in the areas of price, placement, and promotion?
What is the primary concern in marketing, particularly in the areas of price, placement, and promotion?
What is a breach of contract constituted by?
What is a breach of contract constituted by?
What is the term for the agreement among competitors to set prices at a certain level, bypassing market forces?
What is the term for the agreement among competitors to set prices at a certain level, bypassing market forces?
What is the purpose of promotions in marketing?
What is the purpose of promotions in marketing?
What is the primary cause of environmental degradation according to environmental economics?
What is the primary cause of environmental degradation according to environmental economics?
What is the term used to describe the replacement of regular workers with temporary workers who receive lower wages and fewer benefits?
What is the term used to describe the replacement of regular workers with temporary workers who receive lower wages and fewer benefits?
What is the term for the strategic positioning of products within retail stores?
What is the term for the strategic positioning of products within retail stores?
What is an example of a positioning technique in marketing?
What is an example of a positioning technique in marketing?
What is the inherent nature that drives human beings to seek adequate work and full employment?
What is the inherent nature that drives human beings to seek adequate work and full employment?
What is a key consideration in setting prices for consumers?
What is a key consideration in setting prices for consumers?
What is the consequence of replacing regular workers with temporary workers who receive lower wages and fewer benefits?
What is the consequence of replacing regular workers with temporary workers who receive lower wages and fewer benefits?
What is the divine plan that guides human beings to seek adequate work and full employment?
What is the divine plan that guides human beings to seek adequate work and full employment?
What can be viewed as a breach of a board member's ethical and legal duty?
What can be viewed as a breach of a board member's ethical and legal duty?
What is a form of unlawful sex discrimination in the workplace?
What is a form of unlawful sex discrimination in the workplace?
Why might an employer be sued?
Why might an employer be sued?
What is a challenge for employers regardless of the industry?
What is a challenge for employers regardless of the industry?
What is always true of sexual harassment?
What is always true of sexual harassment?
What is there never an excuse for in the workplace?
What is there never an excuse for in the workplace?
