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Marketing
Quiz 3: Sustainable Marketing: Social Responsibility and Ethics
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Question 1
Short Answer
________ calls for meeting the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs. Sustainable marketing Innovation The marketing concept Global marketing The strategic planning concept
Question 2
Short Answer
The marketing concept recognizes that organizations thrive from day to day by determining ________ of target group customers and fulfilling those more effectively and efficiently than competitors do. demands needs and wants innovations personal benefits social benefits
Question 3
Short Answer
Critics point out that in the drug industry, where a pill costing five cents to make may cost the consumer $2 to buy.This is an example of which of the following? deceptive advertising redlining excessive markups high-pressure selling shoddy products
Question 4
Short Answer
A major step in regulating "unfair or deceptive acts or practices" was the development of the ________. Grusko Act Competition Bureau Canadian Commerce Commission Industry Act Business Improvement Bureau
Question 5
Short Answer
Deceptive promotion differs from deceptive pricing in that deceptive promotion overstates the product's ________ or ________. true price; performance features; performance packaging; costs design; features availability; package contents
Question 6
Essay
Marketers respond to charges of planned obsolescence with the following: Consumers lead change and innovation. The product sells itself. The product will eventually wear out anyway. For most technical products, customers want the latest innovations, even if the older model still works. Companies do not want to lose their brands.
Question 7
Short Answer
The ________ specifically focuses on future company needs rather than both future company and future customer needs. societal marketing concept strategic planning concept sustainable marketing concept marketing concept consumer business concept
Question 8
Essay
Critics claim that companies in the ________ industries introduce planned streams of new products that make older models obsolete, a form of planned obsolescence that harms consumers. services housing and construction food and beverage consumer electronics and computer financial and entertainment
Question 9
Short Answer
Deceptive marketing practices fall into three groups: deceptive ________, deceptive ________, and deceptive ________. product; pricing; promotion pricing; promotion; placement pricing; promotion; packaging packaging; product; promotion product; packaging; placement
Question 10
Short Answer
Critics have charged that some companies intentionally manufacture their products with materials or components that cause the product to need to be replaced before it actually should need replacement.What is this called? product failure short-term planning planned obsolescence nonfunctional warranty expressed dissatisfaction
Question 11
Short Answer
Advertising "puffery" is a term for ________. a straightforward promotional message innocent exaggeration for effect emotional appeals to consumers subliminal appeals to consumers value-added promotions
Question 12
Essay
Critics charge that high advertising and promotion costs unnecessarily increase retail prices.Marketers would most likely respond to this criticism by arguing that advertising adds ________. only psychological value value by providing information about product availability and merits of a brand quality to the product functional value to the product economic value to the product
Question 13
Short Answer
In which of the following scenarios would high-pressure selling tactics typically be most advantageous for marketers? selling situations with long-time customers selling situations with new customers with a high likelihood of becoming repeat customers selling situations with a company's most highly valued customers one-time selling situations selling situations with dissatisfied customers
Question 14
Short Answer
A long-standing charge against intermediaries is that they mark up prices beyond the ________. value of their services delivery charges going market price range most Canadians can afford to pay resale value
Question 15
Short Answer
Many critics charge that the North American marketing system causes ________ to be higher than they would be under more "sensible" systems. imports exports prices product safety measures employee morals