Questions: Business culture affects ethical conduct in what two ways? - in sellers being able to provide a product of value - in the competitive behavior among sellers - in the desire for buyers to take advantage of sales promotions - in the exchange relationship between sellers and buyers

Business culture affects ethical conduct in what two ways?
- in sellers being able to provide a product of value
- in the competitive behavior among sellers
- in the desire for buyers to take advantage of sales promotions
- in the exchange relationship between sellers and buyers

Transcript text: Business culture affects ethical conduct in what two ways? in sellers being able to provide a product of value in the competitive behavior among sellers in the desire for buyers to take advantage of sales promotions in the exchange relationship between sellers and buyers

Solution

Answer

The answer is:

in the competitive behavior among sellers
in the exchange relationship between sellers and buyers

Explanation

Option 1: In sellers being able to provide a product of value

While providing a product of value is important, it is more related to the quality and utility of the product rather than directly tied to ethical conduct. Ethical conduct in business culture is more about how businesses operate and interact with others rather than the inherent value of the product itself.

Option 2: In the competitive behavior among sellers

Business culture significantly influences ethical conduct through competitive behavior. A culture that promotes fair competition encourages ethical practices such as honesty, transparency, and respect for competitors. Conversely, a culture that tolerates unethical competition may lead to practices like false advertising, price fixing, or other forms of deceit.

Option 3: In the desire for buyers to take advantage of sales promotions

This option focuses more on consumer behavior rather than the ethical conduct of businesses. While sales promotions can be influenced by business culture, they are not a direct reflection of ethical conduct.

Option 4: In the exchange relationship between sellers and buyers

The exchange relationship between sellers and buyers is a critical aspect of ethical conduct in business culture. Ethical business practices ensure that transactions are fair, transparent, and mutually beneficial. This includes honoring commitments, providing accurate information, and respecting consumer rights, all of which are influenced by the prevailing business culture.

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