Exam 20: Sustainable Marketing: Social Responsibility and Ethics
Exam 1: Marketing: Creating Customer Value and Engagement152 Questions
Exam 2: Company and Marketing Strategy: Partnering to Build Customer Engagement, Value, and Relationships169 Questions
Exam 3: Analyzing the Marketing Environment162 Questions
Exam 4: Managing Marketing Information to Gain Customer Insights160 Questions
Exam 5: Consumer Markets and Buyer Behavior169 Questions
Exam 6: Business Markets and Business Buyer Behavior169 Questions
Exam 7: Customer Value-Driven Marketing Strategy: Creating Value for Target Customers169 Questions
Exam 8: Products, Services, and Brands: Building Customer Value170 Questions
Exam 9: Developing New Products and Managing the Product Life Cycle159 Questions
Exam 10: Pricing: Understanding and Capturing Customer Value162 Questions
Exam 11: Pricing Strategies: Additional Considerations168 Questions
Exam 12: Marketing Channels: Delivering Customer Value168 Questions
Exam 13: Retailing and Wholesaling168 Questions
Exam 14: Engaging Consumers and Communicating Customer Value: Integrated Marketing Communications Strategy166 Questions
Exam 15: Advertising and Public Relations166 Questions
Exam 16: Personal Selling and Sales Promotion166 Questions
Exam 17: Direct, Online, Social Media, and Mobile Marketing158 Questions
Exam 18: Creating Competitive Advantage165 Questions
Exam 19: The Global Marketplace171 Questions
Exam 20: Sustainable Marketing: Social Responsibility and Ethics170 Questions
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Explain why most marketers avoid deceptive practices.
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(Essay)
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Correct Answer:
Deceptive practices make consumers believe they are buying something more than what they are actually getting; when consumers do not get what they expect, they will switch to more reliable products. Deceptive practices prohibit marketers from building value and trust with their customers, both keys to profitable customer relationships.
Whereas environmentalists consider whether the marketing system is efficiently serving consumer wants, consumerists are concerned with marketing's effects on the environment and with the environmental costs of serving consumer needs and wants.
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(True/False)
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Correct Answer:
False
According to the text, McDonald's was criticized for all of the following EXCEPT ________.
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(Multiple Choice)
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Correct Answer:
D
One look at a Pedigree ad or a visit to the Pedigree.com Web site confirms that the people behind the Pedigree Brand really do believe the "We're for dogs" mission. Associates are even encouraged to take their dogs to work. To further fulfill the "We're for dogs" brand promise, the company created the Pedigree Foundation, which along with the Pedigree Adoption Drive campaign, has raised millions of dollars for helping "shelter dogs" find good homes. This information indicates that Pedigree is practicing ________.
(Multiple Choice)
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When major chain retailers avoid placing stores in disadvantaged neighborhoods, they are likely to be accused of the discriminatory practice of ________.
(Multiple Choice)
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Critics claim that firms are harmed and competition is reduced when companies expand by ________.
(Multiple Choice)
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Electrola Inc. is currently designing a new product line with the goal of making each product easy to recover, reuse, or recycle. Electrola Inc. hopes to recover many of these products when they reach the end of their life cycle and reuse their components in new products. Electrola Inc. is in the ________ stage of environmental sustainability.
(Multiple Choice)
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Environmentalism is concerned with damage to the ecosystem caused by global warming, toxic and solid waste, chemically treated food, resource depletion, and ________ along with other issues.
(Multiple Choice)
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Sunset Lawn Service puts most of its resources into value-building marketing investments. The management at Sunset is practicing customer-value marketing.
(True/False)
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When criticized about the value of intermediaries, marketers and resellers respond that intermediaries ________.
(Multiple Choice)
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Maytag's front-loading Neptune washer provides superior cleaning and energy efficiency. The Neptune washer is an example of a ________ product.
(Multiple Choice)
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Critics point out that in the stationery industry, a pen that costs fifty cents to make costs the consumer $10 to buy. This is an example of ________.
(Multiple Choice)
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Acquisitions of competitors can be an effective way to gain economies of scale that can lead to lower costs and, subsequently, lower prices.
(True/False)
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Marketers are the least effective when they appeal to existing wants rather than when they attempt to create new ones.
(True/False)
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Refer to the scenario below to answer the following question(s).
Bryant and Anne are the owners of the Good Green Grocer, a small but successful chain of organic food stores. The organic food sold by Good Green Grocer is of good quality. Also, it is tasty and has long-term health benefits. Bryant and Anne's business has expanded as more and more consumers are interested in eating organic foods. What started as one shop in Vermont has expanded to 15 stores in Vermont, New Hampshire, Massachusetts, and Maine. Much to their delight, Bryant and Ann have found that many people are willing to pay a bit more for food that is organically grown.
Sunday ads for the Good Green Grocer run in area newspapers, with special promotional prices offered for a list of the "Top Ten Take Homes" each week. Regular customers of the Good Green Grocer know that the promotional items often run out of stock by mid-week, so the store typically sees its heaviest traffic on Sunday and Monday.
-Good Green Grocer wants to keep its customers happy. Its marketing strategy should be designed with this goal. Which strategy focuses on satisfying the needs of Good Green Grocer's customers?
(Multiple Choice)
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Sustainable marketing consists of five principles: consumer-oriented marketing, customer-value marketing, innovative marketing, sense-of-mission marketing, and societal marketing.
(True/False)
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The ________ concept is specifically focused on the future welfare of consumers.
(Multiple Choice)
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Sustainable marketing requires a smooth-functioning marketing system in which consumers, companies, public policy makers, and others work together to ensure socially and environmentally responsible marketing actions.
(True/False)
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Environmentalists assert that the marketing system's goal should be to maximize ________.
(Multiple Choice)
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