Exam 14: Regulations and Ethical Concerns

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In terms of a judgment by the Federal Trade Commission against a company for false or misleading advertising,which of the following would come first?

(Multiple Choice)
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In terms of a foundation and framework for ethical guidelines,the law:

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Cases that are not settled by the National Advertising Division (NAD)of the BBB are referred to the Federal Trade Commission.

(True/False)
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The term whistle-blower is used to describe an individual who is willing to go public with charges about an organization doing something that is illegal or unethical.

(True/False)
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When a consent order issued by the FTC is signed,the company has agreed to a corrective advertising program.

(True/False)
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Utilitarianism is a means of making decisions based on what is the greatest good for the greatest number of people.

(True/False)
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Although giving or receiving bribes in business-to-business interactions is illegal in the United States,in Which countries are bribes accepted and may even be deducted as business expenses on taxes?

(Multiple Choice)
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Brian believes most managers act on internal conviction to do what is best for the company,its employees,and its customers.The is an example of which social responsibility perspective?

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The agency that monitors advertising on food packages and advertisements for drugs is the:

(Multiple Choice)
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Of the following taglines or slogans,which would most likely trigger an investigation by the Federal Trade Commission or National Advertising Division?

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Cases filed with one of the agencies in the Council of Better Business Bureaus are normally heard sooner and are less costly than cases filed with the FTC.

(True/False)
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In terms of substantiation of a claim in an advertisement,all claims must reflect the typical experience that a customer would expect to encounter from using a good or service,unless the advertisement clearly and prominently states otherwise.

(True/False)
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Complaints that are made to the FTC are made public and registered on the FTC's Web site,regardless of the source.

(True/False)
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The Federal Trade Commission (FTC)was created in:

(Multiple Choice)
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While sex sells,marketers must be careful and use good judgment in creating ads that are not offensive.

(True/False)
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Identify and describe the four primary ethical frameworks from analyzing ethical issues.

(Essay)
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The Food and Drug Administration regulates and oversees:

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Occasionally,the Federal Trade Commission (FTC)bypasses the normal steps and uses the court system to stop an unfair or deceptive marketing practice.This occurs when:

(Multiple Choice)
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The governmental duty perspective of social responsibility states that government should write legislation and create regulatory agencies to emphasize ethics and social responsibility.

(True/False)
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If a company uses endorsers,the statements made by the endorsers must be truthful and represent their actual experiences or opinions.

(True/False)
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