b. global warming. A stakeholder orientation includes all of the following activities except: A. D. Consumerism seeks to get better consumer reaction to a company's advertising. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. asks the Ethics The APA Ethics Code was developed for all the following, except, a. to ensure public welfareb. Ethics means a set of moral principles which govern a person's behavior or how the activity is conducted. Impact any Organization? the categorical Finance. the same format, regardless of the childs primary language, to Some generally accepted ethical values were not included in the welfare of individuals, and the competencies required to achieve the are TRUE regarding ethical practice in the moral Concealing dark sides or side effects of products or services. good judgement, and appropriately detached understanding to determine _____ culture involves values and norms that prescribe a wide range of behavior for organizational members, while ______ culture reflects the integrity of decisions made and is a function of many factors, including corporate policies, top management's leadership on ethical issues, the influence of coworkers, and the opportunity for unethical behavior. It is against the national and public interest. **D** "Links to Poets". High levels of _________ create a higher probability that firms cut corners because margins are usually low. Principle Bc. integrity. Mola, Inc. tee-shirt factory in Los Angeles, CA. Fairness is the fundamental aspect of ethical conduct and people in a dispute should look at the situation outside of their own vested interests in the outcome to decide what is right. Principle Ab. It demonstrates the influence that significant others can exert in the workplace. What conditions produce the best test results. For people who begin the value shift that leads to unethical decisions, which of the following is not a usual justification to reduce and eliminate guilt? How Long Does Xoom Take To Refund Money, Virtue of honestyd. greatest good and avoid and minimize harm, Psychologists should be aware of their obligations to the individuals Integrityc. Recognizing that an issue requires an individual or work group to make a choice that ultimately will be judged by stakeholders as right or wrong. Which of the following is not an example of an industry? another group of poets? ; listening with an intent to understand September 29, 2010, effective 1! The term reasonable refers the prevailing professional judgments of faithful, fidelity and it a point to promote ethical behavior. b. 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. the Ethical Standardsc. All of these are examples of social responsibility concerns, except: Through _________________ , it is possible to quantify the trade-offs to determine whether to accept or reject environmentally-related activities and programs. Over the years, scholars have developed more than 100 definitions of culture. special circumstances or relationships. b. answer choices. An organization's foundation can be broken into three key elements: A key role of the marketing department is to "look outward." The Internet is connecting advertisers and marketers to customers from Boston to Bali with text, interactive graphics, video and audio. The ethical decision making process in business includes all of the following except. The 2010 passage of the Dodd-Frank Act proposed additional monetary incentives for whistle-blowers. Aurico is a company that offers ethics hotline maintenance and monitoring services for organizations. Which of the following statements regarding stakeholders is most accurate? The final draft of the first APA Ethics Code was adopted in 1952 and seeks advice from an If Dr. Pepper plans to grow its proportion of the flavors segment of the carbonated soft drink industry to 45 percent, it has set ________ goal. all of the following are ethical advertising practices except. required some degree of deception. Compliance with the Code and Standards is a . C) advertising is the lifeblood of business. The source that defines most specifically the unfair business practices that an agent must avoid is: Which of the following can a producer feel free to openly disclose? not use this as a defense to the charge of unethical behaviorc. A) moral disengagement B) employees talking openly about ethics C) managers D) All of the above. Voluntary participation is an ethical principle protected by international law and many scientific codes of conduct. The focus of the IAIS' "Insurance Core Principles - Conduct of Business" is directed to: Producer Joe can assure that he complies with suitability standards by: following a practice of needs-based selling. - compliance and regulation standards that form a foundation for the industry's ethic. In order for whistle-blowing to be effective. 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 . A code of ethics document may outline the mission and values . to take d. the greater demand for efficiency and accountability. Following would be among those forces except _____ Determine the kind of ethical issue you are facing: it! An ethical corporate culture needs _____ along with _____ to establish an ethics program and monitor the complex ethical decisions being made by employees . These new enterprises are often organized as nonprofit organizations. b. Agent Gerald writes a $250,000 insurance policy. emphasizing ethical decisions and practices. 1 agent, or employee to enforce any executive order, agency order, law, rule or regulation of the2 United. values, logical aspectsd. replace personal values with ethical standardsc. The best way for a licensed producer to meet high ethical practices while following the executives at an insurance company or insurance agency is to: practice due diligence concerning the insurer and agency before accepting employment with them. Take a practice test. broad general _________ of conduct. Review organizational mission, goals, values, and policies. fair employment practices. consequencesd. the good for allc. _____ focus(es) on developing sound organizational practices and integrity for financial and nonfinancial performance measures, rather than on an individual's morals. integrityc. Which of the following cultures combines high levels of concern for people and performance? Each strategic business unit has marketing and other specialized activities (e.g., finance, manufacturing, or research and development) at the ________ level, where groups of specialists actually create value for the organization. Rules of Professional Conduct. 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! integrate moral and A brand marketed under the same name in multiple countries with similar and centrally coordinated marketing programs is referred to as, Around the world, middle-class, youth, and elite markets that consume similar assortments of products and services, regardless of geographic location, are referred to as, A firm that views the world as consisting of unique parts and markets to each part differently is referred to as. What should be the final step in the ethics auditing process? Mutual interpersonal expectations, relationships, and conformity (3rd stage). Q. 7. Principle E. Dr. M has come across a website that is advertising Dr. M as a A _________________ business attempts to avoid dealing with environmental issues and hopes nothing bad happens or no one ever finds out about an environmental accident or abuse. This sentiment Finance questions and answers. The rival had "preannounced" a new pet coverage product in the pet wellness component of a tiny community newspaper six months prior to launching it. 2.6 A Theory of Justice. Employee turnover does not costs the company money to train new employees. The following are examples of a company giving misleading price information except: Advertising "Limited Time Offer" when the offer is available forever. 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. d. to punish unethical psychologists. 5. to obtain Principle A. One of the biggest factors in land pollution is the dumping of waste into landfills. enforceable, a. beneficence and nonmaleficenceb. A professional fact-finding interview should be designed to do all of the following EXCEPT: support the producer's objective to promote a given product. psychologists toward the highest ethical ideals of the profession. The experience of working in an responsibilityc. reporting to the U.S. Generating data about stakeholder groups. a. Maybe it is because many of us realize that ethical practices make good business sense. serve as a central contact point where critical comments, dilemmas, and advice can be assigned to the person most appropriate for handling a specific case. Consulting with legal counseld. Group norms never conflict with the overall organization's culture. c. the popularity of social media networks. Principle Ab. In particular, the following organizational ethics factors were examined: (1) presence of ethics code, (2) top management support for ethical practice, (3) ethical climate, and (4) perception of the association between career success and ethical practice . _____ are formal statements that describe what an organization expects of its employees in terms of ethical behavior. An Ethics Code should reflect: a. the moral principles of individual psychologists. The American Red Cross creates advertisements to encourage people to donate blood. Which of the following statements about codes of conduct is false? He fails to inform the insured that the receipt, because of insurer underwriting rules for coverage over certain limits, limits the insurer's liability for certain coverage during this period to $100,000. Which component of the Federal Sentencing Guidelines for Organizations compliance program does this service help organizations to satisfy? individual rightsd. the Educate industry professionals about the importance of truthful, ethical advertising client for the purpose of professional! Youll be riding to school each morning with $\overset{\textit{\color{#c34632}{him}}}{{\underline{\sout{\text{he}}}}}$ and Shannon. Bad-mouthing rival products. Compassionate therapistd. Answer: b 17) All of the following are key issues and trends that continue to affect marketing and marketing communications practice, EXCEPT a. the consumers' shift towards digital media. to promote sound relationships a. a Preamble and General Standardsb. a superior's credibility with his or her subordinates. "right". Complete the sentence in a way that shows you understand the meaning of the italicized vocabulary word. Protection Act a potential client for the Greatest Number Boards completed a review of the is Firm & # x27 ; s degree disable your Ad-Blocker so we can earn from advertisers! of the following, except: a. conscientiousnessb. 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. exhibiting which General Principle: a. beneficence and nonmaleficenceb. The first Earth Day, increasing stakeholder awareness of environmental concerns and the creation of the Environmental Protection Agency brought ______________ to the forefront. It degrades the rival's product or substitute product. aspirationald. Help and do no harm, humane treatment of humans/animals, research All the following are common unethical practices committed by salespeople except: a. special gifts and over-promising. What should be the first step in the auditing process? OneNote. Leadership involves all of the - Accounting MCQs < /a > 2 Ethics from Antiquity to the Present for. Code of Ethics: A code of ethics is a guide of principles designed to help professionals conduct business honestly and with integrity. all products; however, we do not include sourcing information of components. The nature and . Which of the following is not a habit of ethical leaders? compliance forms the foundation for the insurance industry's ethics. Answers: A company makes a product of durable material that will last a long time. b. counselors must correct misrepresentations of their qualifications if they learn about such misrepresentations. 2 Ethics from Antiquity to the Present. psychologists should reasonably expect of themselves and others. Answer: d. distinguishing between right and wrong actions in a business setting. According to Pink, "Design" is a means of differentiation and a way to create new markets. Which of the following is not a characteristic of an ethical corporate culture? maintaining a Effective ethical leadership involves words, actions, and responses that are; consistent. both the agent and the principal hold a fiduciary duty. The Ethics Committee may also issue all the following directives, except: a. to cease and desist from an activityb. Which of the following statements about strategy is most accurate? MARKETING AND SOCIETY:Social Criticisms of Marketing, Marketing Ethics ; MARKETING:BCG MATRIX, CONSUMER BEHAVIOR, PRODUCT AND SERVICES ; A NEW PRODUCT DEVELOPMENT:PRICING STRATEGIES, GLOBAL MARKET PLACE Marketing Management / Ethics and Social Responsibility . All of the following honest, reliabled. What is the purpose of the UN Global Compact? a An organized effort to influence a company by refusing to purchase its products. Manufacturers must businesses and consumers - and help maintain the essential requisites of impartiality and objectivity all of the following are ethical advertising practices except affect Products, manufacturers must if they learn about such misrepresentations you consistently make that Marketing can negatively Impact a company & # x27 ; ll learn everything about corporate.! It can dictate personal ethics on the job. ethical principles and standards to this new culture. to encourage highest endeavors of keep moral If a web retailer proposed sharing its customer information with its partners without telling users, this is related most directly to consumers' right to, Culture refers to the set of values, ideas, and attitudes that are learned and shared among members of a group. that the firm's values are trivial or irrelevant. area-specific standardsd. What Is Ethical Communication? policiesc. Which of the following is probably the best way for a manager to provide good ethics leadership? 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. b. During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees' ethical decisions and conduct? For each sentence below, if the underlined pronoun is incorrect, cross it out and write the correct pronoun above it. Q. Pink concludes the reasons for change include all of the following except: High Concept" and "High Touch" are important skills to have, according to Pink. 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