This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the difference between an explicit code of ethics and implicit code of ethics. Why is it ... (Read 133 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 29, 2018
Explain the difference between an explicit code of ethics and implicit code of ethics. Why is it important for retailers to develop a code of ethics?

Question 2

A percentage markup of 50 percent on selling price would be the same as a 50 percent markup on cost.
 
 Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peter

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

An explicit code of ethics is a written policy that states what constitutes ethical and unethical behavior. An implicit code of ethics is an unwritten but well understood set of rules or standards of moral responsibility. This implicit code is learned as employees become socialized into the organization and the corporate culture of the retailer. Legal and ethical behavior are not necessarily the same. Reasonable people may disagree as to what is right and wrong behavior; therefore retailers should develop explicit codes of ethical behavior for their employees to provide a formal indication of what is right and wrong.

Answer to Question 2

F


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
Difference between.... Difference between....
Compare the Final Code with the Documentation Compare the Final Code with the Documentation
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
The battery was replaced in this Acura and the radio displayed “code” when the replacement ... The battery was replaced in this Acura and the radio displayed “code” when the replacement ...
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library