Student member EACH QUESTION IS WORTH 4 POINTS. GOOD LUCK is the degree to which affected parties can observe relevant aspects of transactions or decisions. 20.05.2019 a. Ethics Transparency Bonus questions 22. An is a situation in which an individual or a group makes a decision that is morally wrong, illegal, or unethical. 26. The selling concept is an approach to business management that stresses customer needs and wants, seeks long- term profitability, and integrates marketing with other functional units within the organization a. Ethical lapse b. Ethical dilemma a. True 6. False 23. The disclosure of information by a company insider that exposes illegal or unethical behavior by others within the organization is called 27. Commercialization refers to the large- scale production and distribution of products that have survived the testing process. a Whistle-blowing b. Conflict of interest C. Corporate social responsibility True b. False 24. The idea that business has obligations to society beyond the pursuit of profits is called 28. Advertising that seeks to create goodwill and to build a desired image for a company, rather than to promote specific products is called institutional advertising a. Whistle-blowing 6 Corporate social responsibility C. Conflict of interest True b. False 29. Choosing the option that delivers the most good for the most number people is called individual rights. 25. is a movement that pressures businesses to consider consumer needs and interests. a. True bFalse a. Sustainable development b. Affirmative action C. Discrimination d. Consumerism