Exam 4: Ethical and Social Responsibility in Marketing
Exam 1: Creating Customer Relationships and Value Through Marketing233 Questions
Exam 2: Developing Successful Marketing and Organizational Strategies296 Questions
Exam 3: Scanning the Marketing Environment240 Questions
Exam 4: Ethical and Social Responsibility in Marketing174 Questions
Exam 5: Understanding Consumer Behavior319 Questions
Exam 6: Understanding Organizations As Customers203 Questions
Exam 7: Understanding and Reaching Global Consumers and Markets218 Questions
Exam 8: Marketing Research: From Customer Insights to Actions246 Questions
Exam 9: Market Segmentation, Targeting, and Positioning224 Questions
Exam 10: Developing New Products and Services350 Questions
Exam 11: Managing Successful Products, Services, and Brands337 Questions
Exam 12: Pricing Products and Services414 Questions
Exam 13: Managing Marketing Channels and Supply Chains307 Questions
Exam 14: Retailing and Wholesaling350 Questions
Exam 15: Integrated Marketing Communications and Direct Marketing286 Questions
Exam 16: Advertising, Sales Promotion, and Public Relations328 Questions
Exam 17: Personal Selling and Sales Management281 Questions
Exam 18: Building an Effective Marketing Plan92 Questions
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A code of ethics is a formal statement of ethical principles and
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Correct Answer:
E
Two prominent personal moral philosophies have direct bearing on marketing practice:
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Correct Answer:
C
Many fast food restaurants, including Burger King, McDonald's, and Wendy's, no longer use Styrofoam containers (which do not degrade as quickly as paper in a landfill) for packaging of their products.Rather, these firms wrap their burgers in recycled paper and place to-go orders in recycled paper bags.These fast-food restaurants use
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(Multiple Choice)
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Correct Answer:
B
There are three types of social responsibility, each relating to particular constituencies.According to Figure 4-3 above, constituency "B" represents __________ responsibility.
(Multiple Choice)
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A formal statement of ethical principles and rules of conduct is referred to as a(n)
(Multiple Choice)
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Making counterfeit copies of Gucci purses, Hilfiger sportswear, and other international brands is pervasive in China because it is so easy to get away with it.Laws protecting intellectual property are unclear and sporadically enforced.Even when they are applied, sanctions are minimal, typically consisting of confiscation, a warning, a public apology, and perhaps a fine (negotiated, of course).Moreover, copying enjoys a long tradition in China and does not carry a stigma.Copying a masterpiece was historically considered an art form in its own right, and Chinese students have been taught for centuries to copy their teachers as accurately as possible before attempting to create.A business introducing a product into China needs to know that __________ may lead to trademark infringements.
(Multiple Choice)
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FIGURE 4-4
-Avon has already donated more than $600 million towards breast cancer research.One contributing factor was the sale of a bag designed by Marimekko® exclusively for the Avon Breast Cancer Crusade (see Figure 4-4 above).One hundred percent of net profits were donated to the crusade.This is an example of

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Enron's Chief Financial Officer Andrew Fastow was indicted and then pleaded guilty on charges of securities fraud in the Enron case and was accused of enriching himself and his family at the company's expense.He ordered an employee to fake financing to fool an adviser to the California Public Employees' Retirement System.The employee resisted, but Fastow, in his tenure with Enron, was acting
(Multiple Choice)
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According to the philosophy of __________ if the benefits exceed the costs, the behavior is ethical.
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The philosophy of utilitarianism underlies the economic tenets of
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In 2006, Gap Inc.ended their relationship with 23 production facilities due to code violations.Several closings occurred because of the use of child labor.In response to these events the Gap created a large team whose purpose is to travel worldwide to ensure compliance with their Code of Vendor Conduct.This is an example of
(Multiple Choice)
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The unauthorized use of intellectual property can severely affect the owners of that property; it can also result in lost jobs, royalties, wages, and tax revenue.What percentage of American college students consider these practices to be unethical?
(Multiple Choice)
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More than 70 percent of the physicians in the Maricopa County (Arizona) Medical Society agreed to establish a maximum fee schedule for health services to curb rising medical costs.All physicians were required to adhere to this schedule as a condition for membership in the society.The U.S.Supreme Court ruled that this agreement violated the Sherman Act and represented price fixing.This example illustrates that the physician's actions were
(Multiple Choice)
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Culture refers to the set of values, ideas, and attitudes that are learned and shared among members of a group.Culture also serves as a socializing force that dictates what is morally right and just.The important thing to remember is
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The Securities and Exchange Commission (SEC) works hard to prevent unscrupulous companies from changing their books to give a better financial picture.Yet, in the end, it is up to the investor to research the company in which they want to invest because __________ is the norm in the stock market.
(Multiple Choice)
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Investors should understand that when purchasing stock the principle of __________ is in effect.It benefits the investor to do research on the company so that they will make a wise purchase.
(Multiple Choice)
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In marketing, the effective rules of the game, the boundaries between competitive and unethical behavior, and the codes of conduct in business dealings are referred to as
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