A) the 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.
B) the obligations an organization has to those who can affect achievement of its sales, profit, and market share objectives simultaneously.
C) the recognition of the need for organizations to be responsible simultaneously to shareholders, employees, and customers.
D) the obligations an organization has to practice profit, stakeholder, and societal responsibility simultaneously.
E) three different financial statements prepared in three different formats: one for governmental regulators, one for shareholders, and one for internal use.
Correct Answer
verified
Multiple Choice
A) the U.S. Department of Commerce has the right to hear consumer complaints.
B) the American Marketing Association has the right to discipline marketers based on customer complaints.
C) consumers should have access to public-policy makers regarding complaints about products and services.
D) companies should have access to company representatives regarding complaints about fraudulent consumer practices.
E) consumers should have access to company representatives regarding new product ideas.
Correct Answer
verified
Multiple Choice
A) sustainable development.
B) market development.
C) an oligopoly.
D) cause marketing.
E) environmental downsizing.
Correct Answer
verified
Multiple Choice
A) diversity.
B) profitability.
C) respect.
D) perseverance.
E) charity.
Correct Answer
verified
Multiple Choice
A) green marketing.
B) lifecycle marketing.
C) cause marketing.
D) environmental marketing.
E) conservation marketing.
Correct Answer
verified
Multiple Choice
A) the personal moral philosophy of the decision maker.
B) societal culture and norms.
C) business culture and industry practices.
D) laws enacted by Congress and regulations by federal and state governments.
E) chance and opportunity.
Correct Answer
verified
Multiple Choice
A) stockholder responsibility
B) profit responsibility
C) utilitarianism
D) cause marketing
E) social responsibility
Correct Answer
verified
Multiple Choice
A) community responsibility.
B) stakeholder responsibility.
C) benefit marketing.
D) societal responsibility.
E) profit responsibility.
Correct Answer
verified
Multiple Choice
A) social responsibility.
B) value consciousness.
C) benefit marketing.
D) stakeholder responsibility.
E) profit responsibility.
Correct Answer
verified
Multiple Choice
A) green marketing.
B) sustainable development.
C) stakeholder responsibility.
D) the marketing concept.
E) environmental marketing.
Correct Answer
verified
Multiple Choice
A) profit responsibility.
B) cause marketing.
C) stakeholder responsibility.
D) societal responsibility.
E) mass marketing.
Correct Answer
verified
Multiple Choice
A) a systematic assessment of a firm's compliance to fair hiring practices and commitment to diversity.
B) a companywide assessment of employees at all levels to determine the compliance to the organization's code of ethics.
C) conducting business in a way that protects the natural environment while making economic progress.
D) a systematic assessment of a firm's objectives, strategies, and performance in terms of social responsibility.
E) the ability to understand one's own emotions and the emotions of people with whom one interacts on a daily basis.
Correct Answer
verified
Multiple Choice
A) the view that an organization has an obligation to those who can affect the achievement of its objectives.
B) the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
C) the duty of a firm to maximize profits for its owners or stockholders.
D) the concept that no expansion or additional research and development will occur until a company is making a profit.
E) the idea that organizations are part of a larger society and are accountable to that society for their actions.
Correct Answer
verified
Multiple Choice
A) electronic hacking
B) trespassing
C) bribery
D) searching a competitor's trash
E) noncompete clause employment contract violations
Correct Answer
verified
Multiple Choice
A) social audit.
B) financial audit.
C) action plan.
D) tactical plan.
E) research plan.
Correct Answer
verified
Multiple Choice
A) cause marketing.
B) profit responsibility.
C) utilitarianism.
D) moral idealism.
E) social responsibility.
Correct Answer
verified
Multiple Choice
A) utilitarianism
B) self-regulation
C) economic espionage
D) consumerism
E) caveat emptor
Correct Answer
verified
Multiple Choice
A) government regulation
B) family influence
C) lack of religious beliefs
D) fear of disciplinary action
E) lack of specificity
Correct Answer
verified
Multiple Choice
A) ad nauseum.
B) mea culpa.
C) quid pro quo.
D) c'est la vie​.
E) caveat emptor.
Correct Answer
verified
Multiple Choice
A) the obligation that organizations have to the preservation of the ecological environment and the general public.
B) the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
C) the view that an organization has an obligation to those who can affect the achievement of its objectives.
D) the duty of a firm to maximize profits for its owners or stockholders.
E) the idea that organizations are part of a larger society and are accountable to that society for their actions.
Correct Answer
verified
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