Marketing 3350.002 Chapter 3 Quiz 1. The values business people use to make decisions have been acquired through what? 2. 3. 4. 5. a. Family b. Educational Institutions c. Religious Institutions d. All of the Above What is the ethical development level that deals with the expectations of society and opinion of others? a. Precoventional Mortality b. Conventional Morality c. Postconventional Morality d. Transcendental Morality What is Green Marketing? a. The development and marketing of products designed to maximize the total profit of the company. b. The development and marketing of products designed to minimize negative effects on the physical environment or to improve the environment. c. The development and marketing of products designed to help reduce sickness and increase the efficiency of medicine production. d. The development and marketing of products designed solely for grass, gardening, and outdoors-based companies. A ____________________ is a guideline to help marketing managers and other employees make better decisions a. Code of Ethics b. Ethics Program c. Corporate Social Responsibility d. Law What does CSR stand for? a. Core Social Responsibility b. Corporate Society Ratio c. Corporate Social Responsibility d. Core Social Rating 6. The meaning of cause-related marketing is a. The cooperative marketing efforts between a for-profit firm and a non-profit organization b. The development and marketing of products designed to minimize negative effects on the physical environment or to improve the environment c. A business’s concern for society’s welfare d. None of the Above 7. What is an influential factor of ethical decision making? a. Number Unaffected b. Probability of Success c. Social Consensus d. Top Marketing Actions 8. Which of the following is not an advantage of creating ethical guidelines? a. Guidelines help employees identify what their firm recognizes as acceptable business practices b. Code of ethics can be an effective internal control on behavior c. A written code helps employees avoid confusion when determining whether their decisions are ethical d. A written code helps employees avoid confusion when determining whether their decisions are ethical 9. The term ______________ refers to the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and viewing them as opportunities to build profits and help the world at the same time. a. Ethics b. Sustainability c. Philanthropy Sustainability d. Green Marketing 10. Extraordinary Items must be a(n).. a. Unusual Nature b. Occur Infrequently c. None of the Above d. Both A and B 11. What is the newest theory in social responsibility called? a. Pyramid of Corporate Social Responsibility b. Sustainability c. Green Marketing d. Cause-Related Marketing 12. Which of the following is not a pro of corporate social responsibility? a. Takes focus away from making profits b. Businesses have the resources to devote to fixing social problems c. Prevents government regulation and potential fines d. It can be profitable 13. What is the difference between ethics and morals? a. Ethics reflect the laws and regulations that affect social and economic behavior and Morals do not b. Morals can be viewed as the standard of behavior by which conduct is judged and Ethics can not c. Ethics refers to moral principles or values that generally govern the conduct of an individual or group and morals are the rules people develop as a result of cultural values and norms d. Ethics and morals are exactly the same and are just two different words for the same definition 14. The Pyramid of Corporate Social Responsibility portrays what as its foundation? a. Philanthropic Responsibilities b. Economic Responsibilities c. Legal Responsibilities d. Ethical Responsibilities 15. Which of the following is NOT an example of green products? a. Batteries b. Compact Fluorescent Light Bulbs c. Hybrid Engines d. Organic Beef 16. Which question does not help develop a personal set of ethics? a. Who is helped or hurt? b. How much work do I have to do? c. What are the consequences? d. What will provide the most benefit? 17. The most basic level of ethical development is a. Preconventional Morality b. Conventional Morality c. Post Conventional Morality d. None of the Above 18. List ethical development levels in order of most childlike to most mature a. Conventional Morality, Preconventional Morality, Postconventional Morality b. Preconventional Morality, Conventional Morality, Postconventional Morality c. Postconventional Morality, Preconventional Morality, Conventional Morality d. Either A or B 19. What defines Morals? a. Good Behavior b. Bad Behavior c. Deviant Behavior d. All of the Above 20. What’s a business’s concern for societal welfare? a. FCPA b. CSR c. Pyramid of Corporate Social Responsibility d. Sustainability Answer Key: 1. D 2. B 3. B 4. A 5. C 6. A 7. C 8. D 9. B 10. D 11. B 12. A 13. C 14. D 15. A 16. B 17. A 18. B 19. D 20. B