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legal concept of "let the buyer beware," which was pervasive in the American business culture prior to the 1960s,is referred to as __________.


A) ad nauseum
B) mea culpa
C) quid pro quo
D) cest la vie
E) caveat emptor

F) C) and D)
G) A) and E)

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Marketing efforts to produce,promote,and reclaim environmentally sensitive products are referred to as


A) green marketing.
B) recycle marketing.
C) cause marketing.
D) environmental marketing.
E) recycling.

F) None of the above
G) A) and B)

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American Express pioneered cause marketing,it raised $1.7 million to renovate a national icon,increased usage among cardholders,and


A) became the only credit card accepted for admission to the sight.
B) decreased outstanding debt on previously unpaid credit cards.
C) was able to raise interest rates without facing customer complaints.
D) received a tax credit that more than paid for the original campaign.
E) attracted new cardholders.

F) A) and B)
G) None of the above

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Anheuser-Busch acts on what it views as an ethical obligation to its customers and the general public with its


A) development of a low-carb beer.
B) annual sponsorship of the Super Bowl.
C) exclusive use of ingredients from American manufacturers and suppliers.
D) alcohol awareness and education programs.
E) commitment to maintaining the lowest prices possible without sacrificing taste.

F) D) and E)
G) A) and E)

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Which of the following is an example of green marketing?


A) McDonald's adding apple snacks to its Happy Meals targeted at children.
B) Lowe's and Home Depot discontinuing the sale of lumber and other wood products.
C) Levi-Strauss marketing prewashed jeans.
D) Joe's Lawn Service offering a special spring cleanup promotion.
E) Walmart implementing buying practices that encourage it suppliers to use containers and packing made from corn, not oil-based resins.

F) B) and C)
G) D) and E)

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  3M Scotchgard Photo -According to the personal moral philosophy of __________,if the benefits exceed the costs,the behavior is ethical. A)  hedonism B)  utilitarianism C)  existentialism D)  moral idealism E)  socialism 3M Scotchgard Photo -According to the personal moral philosophy of __________,if the benefits exceed the costs,the behavior is ethical.


A) hedonism
B) utilitarianism
C) existentialism
D) moral idealism
E) socialism

F) A) and D)
G) A) and C)

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Which of the following is considered one of the major factors that influences ethical behavior?


A) organizational structures
B) societal culture and norms
C) national and local legislation
D) the U.S. Supreme Court
E) a nation's moral philosophy

F) B) and E)
G) B) and C)

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clandestine collection of trade secrets or proprietary information about a company's competitors is referred to as __________.


A) economic espionage
B) industrial espionage
C) marketplace espionage
D) industrial surveillance
E) patent infringement

F) A) and E)
G) C) and D)

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though his business is very small,the owner of a LAN center wants to follow the American Marketing Association Statement of Ethics.Every month there is a "company cookout." At the end of the meal,the employee (from president to members of the cleaning staff) who had the best idea for improving the center is honored and given a $25.00 gift certificate plus a T-shirt that reads,"Great Minds Think Like Me." This action exhibits which key AMA ethical value?


A) honesty
B) responsibility
C) fairness
D) respect
E) openness

F) B) and E)
G) C) and D)

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Explain the difference between societal culture and business culture.

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Societal culture provides a foundation f...

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moral principles and values that govern the actions and decisions of an individual or group are referred to as


A) social norms.
B) cultural values.
C) ethics.
D) societal philosophy.
E) religion.

F) A) and E)
G) None of the above

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Describe the difference between ethics and laws

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Ethics are the moral principles and valu...

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set of values,ideas,and attitudes that is learned and shared among the members of an organization is referred to as __________.


A) a mission statement
B) core values
C) the socialization process
D) a code of ethics and conduct
E) corporate culture

F) A) and C)
G) A) and B)

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Ethics refers to the


A) religious tenets of a country or ethnic region that shape its culture.
B) social norms of a nation, community, or family.
C) society's values and standards that are enforceable in the courts.
D) moral principles and values that govern the actions and decisions of an individual or group.
E) universal laws of man that go beyond individual or a group's beliefs of nations or religions.

F) D) and E)
G) A) and B)

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  Coke-Pepsi Photo -Consider the Coke-Pepsi photo above.An employee of Coca-Cola attempted to share its marketing plan with an employee of Pepsi for a modest price.What should the Pepsi employee do? A)  Buy the marketing plan if assured there would be no legal or ethical repercussions. B)  Ignore the offer to buy the marketing plan and hope the ethical dilemma would go away. C)  Immediately contact Coca-Cola to advise them of the plot to sell the marketing plan. D)  Immediately report the offer to the Better Business Bureau. E)  Advise the Coca-Cola employee that it would be ethical to buy the plan if it was offered for free. Coke-Pepsi Photo -Consider the Coke-Pepsi photo above.An employee of Coca-Cola attempted to share its marketing plan with an employee of Pepsi for a modest price.What should the Pepsi employee do?


A) Buy the marketing plan if assured there would be no legal or ethical repercussions.
B) Ignore the offer to buy the marketing plan and hope the ethical dilemma would go away.
C) Immediately contact Coca-Cola to advise them of the plot to sell the marketing plan.
D) Immediately report the offer to the Better Business Bureau.
E) Advise the Coca-Cola employee that it would be ethical to buy the plan if it was offered for free.

F) C) and E)
G) A) and B)

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Which of the following statements best describes the activities of a whistle-blower?


A) Mattel employees were sorry that 150 of the 10 million Power Wheels cars and trucks the company sold had caught on fire.
B) Mattel research engineers proved that the spate of fires in the company's Power Wheels cars and trucks was the result of consumers' tinkering with the engine.
C) A former Mattel employee owned one of the Mattel Power Wheel cars that caught on fire and slightly burned its rider.
D) The Consumer Product Safety Commission investigated the fires and ordered a recall to repair all of the 10 million units that had been sold.
E) A Mattel employee reported to the Consumer Product Safety Commission that Mattel knowingly manufactured an electrical system for Power Wheels that would catch on fire after long use.

F) A) and D)
G) B) and E)

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Which of the following statements about consumer ethics is most accurate?


A) Consumer complaints about online auction fraud outnumber all reports of online crime.
B) The cost to marketers of unethical consumer behavior is negligible in terms of lost sales.
C) The potential cost to marketers of unethical consumer behavior is dramatically reduced by investing in loss prevention training.
D) Retailers lose about $1 million dollars a day from shoplifting.
E) At some point, every person shoplifts or participates in an unethical exchange; to retailers, it is simply the cost of doing business.

F) All of the above
G) B) and E)

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recognition of the need for organizations to improve the state of people,the planet,and profit simultaneously if they are to achieve sustainable,long-term growth is referred to as


A) social responsibility.
B) the triple-bottom line.
C) the marketing concept.
D) sustainability.
E) social entrepreneurship.

F) A) and B)
G) B) and E)

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shopping on the Internet,most consumers assume the personal information they give out is confidential.Subscribers to America Online (AOL) were upset when AOL proposed giving member information to partners without telling them.This is related most directly to consumers' right to


A) be heard.
B) be treated courteously.
C) safety.
D) happiness.
E) be informed.

F) None of the above
G) C) and D)

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Recently,a project team for Cosco,the world's largest children's products company,developed a high chair that could be used as an infant feeding seat,a youth chair,a play chair,a booster chair,and when reclined,an infant bed.Its design could be made and sold for $49.The marketing manager,in consultation with other middle managers,decided to have the prototypes checked out by Cosco employees who had small children.This was the only product testing performed on the product.Before Cosco pulled the unsafe chair from the market,several children were injured and some died as a result of using the chair.Cosco was charged with being unconcerned about consumers' right to


A) choose.
B) be informed.
C) be treated courteously.
D) safety.
E) happiness.

F) B) and D)
G) All of the above

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