Exam 2: Managing Ethics in a Sales Environment

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Price fixing refers to agreements in which a manufacturer or wholesaler grants one dealer exclusive rights to sell a product in a certain trading area or insists that the dealer not carry competing lines.

(True/False)
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The ethical work climate is a specific aspect of the organizational climate. Specifically, it's the way employees view their work environment on moral dimensions.

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Business libel refers to:

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About reciprocity as a business practice, it can accurately be said that:

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Orders and terms of sale refers to:

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Which of the following is not considered an unethical sales practice?

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Business defamation can include each of the following offenses except

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With regard to "cooling off" rules, which of the following is correct?

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All of the following are common unethical practices committed by salespeople except

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Which of the following is not a law protecting companies from each other to ensure healthy competition?

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Price fixing refers to:

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The _______________ dimension defines how far people are trusted to behave in a responsible way and are held personally responsible for their actions.

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Laws protecting consumers and society from unfair business practices include all except:

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As a dimension of ethical climate, ______________ refers to the extent to which employees feel pressured to prioritize increased revenues, profits, margins, or other financial returns over all other concerns.

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Which of the following are ethical sales practices?

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The mere existence of a code of ethics alone does not guarantee a more ethical environment.

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Customer vulnerability refers to a state in which the selling company is at a disadvantage relative to the buyers.

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Salespeople should be taught that it is seldom "smart" to conduct unethical practices with customers, even when the customer is the instigator.

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____________ is the extent to which an act is consistent with stated or implied contracts and/or laws.

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Federal regulations have had a major impact on business organizations in areas such as collusion, price-cutting, and the restraint of trade. Which of the following regulations address the issue of pricing?

(Multiple Choice)
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