Which of the following statements is FALSE?
a. An implicit code of ethics is learned as employees become socialized into the organization and the corporate culture of the retailer
b. Ethics are a set of rules for moral human behavior
c. All retailers must have a written explicit code of ethics
d. When buying merchandise, the retailer can face at least four ethical dilemmas; these relate to product quality, sourcing, slotting fees, and bribery
e. Ethical standards can influence the retailer-employee relationship in three ways: misuse of company assets, job-switching, and employee theft
Answer: C