Regarding a company's ethical reputation:

Question

Quizplus · Accepted Answer

Over the years, ethical reputation has become an essential factor that influences the customers' choice of vendors. Consumers are often unwilling to associate with a vendor that has a poor ethical reputation. Hence, maintaining a good ethical reputation is crucial for companies. Option A is incorrect because customers can quickly get access to a broad range of information through social media, online reviews, and other sources where they can read about a company's ethical reputation. Option B is incorrect, as many customers prioritize ethical standards, and a company may lose business if their unethical practices are exposed. Option D is incorrect because companies do have ethical reputations, and these reputations typically are based on their business practices and dealings with clients, employees, and the public. Option E is incorrect because while some customers may be unaware or indifferent to a company's ethical reputation, an increasing number of people do factor in a company's ethical standards when making purchasing decisions.

Regarding a Company's Ethical Reputation