Exam 4: Ethical and Social Responsibility for Sustainable Marketing

In the 1960s,President Kennedy developed what is known as the Consumer Bill of Rights.This legislation represents limitations to the legal concept of ________ that was pervasive before that.

Which of the following is a major reason for the violation of ethics codes?

According to public opinion surveys,________ are considered to be among the least ethical occupations in the United States.

Which of the following is a socializing force that dictates what is morally right and just?

There are three concepts of social responsibility,each relating to particular constituencies.Profit responsibility is characterized by

Transparency International is an organization that

Investors should understand that when purchasing stock,the principle of ________ is in effect.It is in the best interests of investors to do research on the company,so they will make a wise purchase.

Triple bottom line refers to

The right to safety manifests itself in industry and federal safety standards for most products sold in the United States.The U.S.________ routinely monitors the safety of 15,000 consumer products.

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.This means that moral standards

All of the following are the result of an interest in the triple bottom line except which?

Caveat emptor refers to

The Latin phrase caveat emptor is a legal concept that means

Gap Inc.ended its relationship with 23 foreign production facilities due to code violations.Several closings occurred because of the use of child labor.In response to these events,Gap Inc.created a large team whose purpose is to travel worldwide to ensure compliance with its Code of Vendor Conduct.This is an example of

Stakeholder responsibility refers to

Most paint is neither biodegradable nor friendly to the environment because it is made with petroleum solvents.A builder who decided to build a subdivision with 500 homes and paint each with an environmentally friendly,soy-based paint (even though it costs more)would be practicing

The American Marketing Association Statement of Ethics is centered on three general norms,one of which is to

Making counterfeit copies of Gucci purses,Tommy Hilfiger sportswear,and other international brands is pervasive in some countries because laws protecting intellectual property are unclear and sporadically enforced.A business introducing a product into such a country needs to know that its ________ may lead to trademark infringements.

Laws refer to

Consumers have an obligation to ________ in the exchange process and in the use and disposition of products.