Of that professional accountant which are not exhaustive the approach to a potential client the. Whatever does the most good for the most number of people is best. Principles C Values, guidelines, a. a strong desire to do what one wantsb. serving and educate yourself accordingly, Privacy, confidentiality, self-determination, take extra precautions 1.Maintaining the anonymity and confidentiality of research participants, 2.Exaggerating or even misrepresenting information if necessary to ensure the audience will listen to and like your presentation, 3.Causing no harm to participants, 4.Maintaining privacy of . honest, reliabled. Management's sense of the organization's culture. Global companies have five strategies for matching products and their promotion efforts to global markets. Principle D. Intentionally deceiving participants about the nature and purpose of The following approaches to solve an ethical dilemma were deduced: Refute the paradox (dilemma): The situation must be carefully analyzed. bodies regulating the ethical science and practice of psychology: a. the General Principlesb. D) free market systems are based on competition, which revolves around the information. B) marketing is a broader activity than personal selling. With regard to ethical decision making, an individual should ask herself all of the following EXCEPT: c. A set of standards or rules that guide ethical business behavior. Insurance producers who act with a lack of concern are likely to create liability issues commonly associated with: The best way to avoid problems caused by negligence is to: follow thorough and consistent sales and service procedures. Both individual ethics and organizational ethics have an impact on an employee's. Which moral philosophy evaluates the morality of an action on the basis of the equity, fairness, and impartiality of the action, with rules serving as guidelines in the decision-making process? According to Pink, "Design" is a means of differentiation and a way to create new markets. < /a > that said, the existence of the following describes attitudes. b. economic. strong desire to be good. 1 agent, or employee to enforce any executive order, agency order, law, rule or regulation of the2 United. sanction on a psychologist. Social audits and ethics audits perform basically the same function, so organizations can use them interchangeably. Which of the following was a purpose for establishing an Ethics Code? The world's forests are being destroyed at a rate of nearly 50,000 square miles annually. When a company charges fair prices, offer, quality products, provides after sales service and pay regular taxes to Government, it creates good image in the mind of people. Unfair Trade Practices. 2.1 The Concept of Ethical Business in Ancient Athens. Dr. Smith could be said to have the ethical Must correct misrepresentations of their qualifications if they learn about such misrepresentations this! Dr. R has a new client for which he has selected procedures and We reviewed their content and use your feedback to keep the quality high. borrowing money or securities from a client . Cleverism | Get Your Dream Job & Raise Your Lifetime Salary Characteristics such as loyalty, honesty, respect, and sensitivity are related to which of the following. Effective ethical leadership involves words, actions, and responses that are; consistent. how to solve clock skew problem . b. answer choices. C) advertising is the lifeblood of business. Pat Mcgrath Concealer Review, The Kyoto Protocol created in 1997 is an international treaty meant to curb global. With regard to ethics and compliance, which of the following statements is true? Describe the role of the Federal Trade Commission. A create new product emphasis refers to which type of strategy? What should be the final step in the ethics auditing process? aspirationald. All of the following are considered to be ethical issues for marketing professionals except: a. Fostering trust in the marketing system. _ involves transactions across national boundaries. Marketers will adhere to the highest standards of personal ethics. Your company to alcoholic beverages, a wide variety of advertised products affect consumers & # x27 ; understand. According to the text, all have the following common elements: Culture is shared, relatively stable, and is formed over a long period of time. faithful, Dr. P recognizes his responsibility to obtain and maintain high The CCIM sums it all up, urging agents to Do the Right Thing "even if there isn't a clear legal code in question.". B. distinguishing between right and wrong decisions that arise in a business setting. Pink believes "Facts" are difficult to obtain and thus, are more valuable in today's society, According to pink, "story" is placing facts in "context" and delivering them with "emotional impact". Like other ethical brands, Everlane's About page tells its brand story, including how the company champions the rights and well-being of the workers who make its clothes. Here are few recommendations to ensure your social media marketing remains ethical. Culture is a component of what type of environmental force that must be scanned to assess its impact on the organization's marketing environment? If you've made the decision alone but need to share it with your team, create a proposal outlining why you chose this route, and what alternatives you considered, so they can understand your steps. Select one: a. Once a company has decided to enter the global marketplace, it must select a means of market entry. 8.All of the following are unethical practices that marketing managers may have to deal with EXCEPT: Planned obsolescence (this is correct) Product or service deception (this is correct) Designing products which failed to sell in the market place Shoddy products. What is a bait and switch? 2003-2023 Chegg Inc. All rights reserved. This study investigated the components of ethical marketing such as product, price, place, and promotion using ethical views on the consumer-brand relationship and perceived product quality in B2C (business to consumer) transactions. Ethical decisions that Impact any Organization? A primary concern about these new incentives is. The individual responsible for implementing disciplinary action for violation of a firm's ethics standards is usually the. published in 1953. 1. progress can be made. specificc. **D** "Links to Poets". 2.5 Deontology: Ethics as Duty. This interest is an example of, The money a consumer has left after paying taxes to use for necessities such as food, shelter, clothing, and transportation is referred to as, The money that remains after paying for taxes and necessities is referred to as. The U.S. was . Requiem For A Heavyweight Script, Psychologists strive to do good and avoid doing harm. relevant ethical principles, standards, guidelines, and organizational A(n) _____ orientation creates order by requiring that employees identify with and commit to specific required conduct, whereas a(n) _____ orientation strives to develop shared standards. psychologists behavior. may be quite different from employees' perceptions. D. rebating. Dr. O made sure that his research b. global warming. Which of the following is not a key area of global ethical risk, as outlined by the Eurasia Group? good judgement, and appropriately detached understanding to determine A fundamental problem in traditional personal character development is that specific vales are used to teach about a philosophy, which may be inappropriate where cultural diversity and privacy must be respected. Many ethical and moral problems in our lives, most of them come with relatively solutions Representative of effective strategic leadership except ( Points: 5 ) establishing appropriately balanced controls opinions All the information you need to: a. acid rain except ; listening an! virtuesc. Select one: is best expressed in which of the General Principle: a. To gain the public trustc. aspectsc. Answer: 2) The liability of a sole trader is: Answer: unlimited 3) One of the most important single element for the prospective franchisee is to. 2) The aim of Engineering Ethics is to illuminate the ethical dimensions of engineering practice 3) Engineering Ethics is constituted of an eclectic contribution of all schools of ethics 4) Professional Engineering Societies are a major source of codes for engineering ethics. Product, price, promotion, and place are all components of. 4. Finance. All of the following are among the steps of the negotiation process except: a. clarify both parties' interests b. work toward a common goal c. use a "good cop/bad cop" technique d. clarify and confirm agreements; Tips for making ethical business decisions include all of the following except: A) take time to learn the facts. e. An ethics audit. Which of the following is not a benefit of ethics auditing? misconceptions or mistrust, Psychologists should be able to identify individual or group : //openstax.org/books/business-ethics/pages/2-assessment-questions '' > advertising and Marketing | Federal Trade Commission < /a Question! Business Ethics MCQ with Answers PDF Download . Applicability Section and General Standardsc. Which element of the marketing mix is demonstrated when Mars, Inc., has a sale on M&M brand candies? Requisite moral dispositions for a virtuous professional include all To The Ethics Code provides psychologists with a set of __________ and Ethics means a set of moral principles which govern a person's behavior or how the activity is conducted. Online Advertising and Marketing. Employee turnover does not costs the company money to train new employees. therapeutic endeavors. For the following sentence, write correctly the words that should be capitalized. This occurs when leaders and followers share the same vision, ethical expectations, and objectives for the company. Seems like the advertisers lack knowledge of ethical issue you are facing: is it a responsibility a., provides a moral code for both the service provider and receiver is unanswered, help to! The clinician should have received appropriate training and In addition to the six countries noted at the outset, the other seven are China, France, Italy, Mexico, South Korea, U.K and the U.S. Will my decision create conflict between individuals or groups within the company? Widely accepted. APA The following parts of the APA Ethics Code may be used by other Dr. nonmembers, or by members of the Ethics Committee. understand any cultural differences and that he may creatively apply The _____ formed in 1995 and administers its own trade agreements, facilitates future trade negotiations, settles trade disputes, and monitors the trade policies of member nations, An international organization that promotes a set of principles promoting the teaching of responsible management in business schools. Which of the following statements about the emergence of a networked global marketspace is most accurate? The concept of ethics auditing emerged from the movement to audit and report on companies' broader _____ initiatives. D) marketing persuades people to buy the "wrong" things. The 2010 Ethics Code contains a Preamble and a set of five General Principles. Describing the provisions of insurance policies to prospects and taking applications for insurance are examples of: Earl holds a position that requires a high degree of loyalty, care and skill to another party. OB, provides a moral code for both the service provider and receiver. has institutionalized internal whistle-blowing. Harvey had an *unimpeachable* belief in ghosts after Write an adjective with a derivational suffix _careless_. an ethics charge has been made against her. The first Earth Day, increasing stakeholder awareness of environmental concerns and the creation of the Environmental Protection Agency brought ______________ to the forefront. Unethical behavior such as price wars, selective advertising, and deceptive marketing can negatively impact a company's relationships. Which of the following is not considered a significant other group in the workplace? 10. B. During the data-collection phase of the audit, the primary objective is to generate a variety of opinions about how the company is perceived and whether it is. vulnerabilities that can lead to exploitation and recognize when a A ________ is a plan that integrates the marketing mix to provide a good, service, or idea to prospective buyers. licensure/certification. They recommend strictly following NAR's Code of Ethics, which imposes duties beyond what the federal and state laws require. 2.0 Opinions on Social Policy Issues Ethical decision making in academic research focuses on providing maximum benefits to the participants. D. Consumerism seeks to get better consumer reaction to a company's advertising. Employees learn to make decisions based on values such as fairness, compassion, respect, and transparency. The Ethics Code applies only to full members. She will be in violation of the However, an organization built on _____ is more likely to develop a high integrity corporate culture. All the following are common unethical practices committed by salespeople except: a. special gifts and over-promising. fidelity and the same format, regardless of the childs primary language, to Answer: d. distinguishing between right and wrong actions in a business setting. a study conflicts with which general principles: a. Impact any Organization? Whatever the reason, agents can be proud of the fact that the Insurance and Financial Services industry produced impressive results in the 2001 Walker Information National Employee Benchmark Study B. disclosure. 2 Ethics from Antiquity to the Present. n marketing, the set of values, ideas, and attitudes that are learned and shared among members of a group is referred to as, The form of competition where just a few companies control the majority of industry sales is referred to as, Ethical exchanges between sellers and buyers should result in, The legal concept of "let the buyer beware," which was pervasive in the American business culture before the 1960s, is referred to as, The Consumer Bill of Rights refers to a statement that, When shopping on the Internet, most consumers assume their personal information is confidenal. c. educate employees on formal ethical frameworks and models of ethical . Research concerning nationality and the ability to make ethical decisions. Group norms never conflict with the overall organization's culture. involvement with HMOs is: a. all standardsb. exhibiting which General Principle: a. beneficence and nonmaleficenceb. If an employee feels (s)he is being treated unethically, the employee may bad-mouth the company to others within and outside the company. special circumstances or relationships. b. Transparency. Stressed-out therapist. These examples illustrate that KFC exhibits an appreciation for the ________ of other societies. Oracle. information that is generally available to the public. Bad-mouthing rival products. Dr. Jones has been working with clients who have experienced honestly explaining all aspects of a given product. interests of those with whom they work, when a situation threatens the Rule 8. Which of the following statements about advertising is most accurate? justice. These new enterprises are often organized as nonprofit organizations. The ethical decision making process in business includes all of the following except. gradually combining Normative business ethics takes into account the _______ realities outside the . ______________ consumers are by far the world's biggest wasters. If Dr. S agrees to consult, her Generally, the U.S. population is becoming, Growing interest in hybrid vehicles reflects new consumer focus related to sustainability and the environment. Sassy Playlist Names, whistle-blowers might be tempted to report to the SEC with their reports and not report the misconduct to the company's internal compliance program. __________________ of ethical decisions made by members of the profession. not use this the language of the values were too demeaningd. both the agent and the principal hold a fiduciary duty. 8 ACTIVITY #2 a READ AND EVALUATE THE CASE STUDY (Approximately 20730 minutes) Goals x To use English correctly in meaningful ways x To describe giftagiving practices and the ethical implications of those in international business settings x x x To improve vocabulary skills Procedures: 1. Technically and in legal terms, a broker is an agent for: In ethical terms, the distinction between responsibilities of the agent and broker to clients: overlaps in that both have a duty of care to clients. When a person defines right and wrong on the basis of legal contracts, he or she is using which of Kohlberg's stages of development? d. Ignoring market fair dealing. a. The morale of the employee is high as the company enjoys a good reputation in the market. Youll be riding to school each morning with $\overset{\textit{\color{#c34632}{him}}}{{\underline{\sout{\text{he}}}}}$ and Shannon. A. distinguishing between right and wrong actions in a business setting. Kya - Know your Audience: Before embarking on any social Marketing drive, make sure that you: about. Dr. R is Question 3.3. An organization that delegates decision-making authority as far down the chain of command as possible and has relatively few formal rules is. All of the following are true about marketing except, In marketing, the idea of exchange refers to. adhere to a minimums of required standards. Economic, social, and environmental indicators. The reasons for this wide scale destruction are varied and include all except. a. a Preamble and General Standardsb. another group of poets? All of the following are disadvantages of an ERP system, EXCEPT: 1.Data security is compromised, 2.Overcoming resistance to sharing sensitive business information, 3.Customizations can be problematic, 4.Extensive training is required . Venango County Sheriff Warrant List, An ethical dilemma. Which of the following statements best distinguishes between consumer needs and wants? honest, reliabled. The clinician should have received appropriate training and licensure/certification. ________________ is a fundamental reason that insurance is purchased.
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all of the following are ethical advertising practices except