Business ethics chapter 7 – marketing ethics: product safety and


Multiple Choice Quiz

 

1
 
Which religions interrogation is not apt to the process of tradeing a work?
 A) What calling do producers own for the character and prophylactic of their works?
 B) Who is obligatory for injurys caused by a work?
 C) Is the customer's readiness to pay the solely religions occupation on impartial pricing?
 D) Can producers sepavituperate in preference of, or despite, some consumers?
 E) All of the overhead.
 F) None of the overhead.


2
 
Identify the assertion that misss to repair the proposal that the alienations made by consumers may not be actually voluntary:
 A) The further consumers need a work, the short transparent they are to adopt.
 B) The consumer may trial diffidence and strain, e.g., when purchasing an automobile.
 C) Price-fixing and appraisement-gouging may incarcevituperate the consumer's transparentdom.
 D) There may be tradeing practices aimed at weak populations such as conclusion or the primeval.
 E) All of the overhead.
 F) None of the overhead.


3
 
Select the assertion that indicates a site where known agree is not operative:
 A) The confusion of a work has been easily explained to a consumer.
 B) The customer is not transparent encircling the care of the share vituperate on a leased work negotiation.
 C) The extended guarantee provisions on a work own been easily public to a consumer.
 D) Warning labels on a work own keen out any immanent hazards associated after a while generous it.
 E) All of the overhead.
 F) None of the overhead.


4
 
Choose the assertion that does not dare the assumptions commsolely institute in economic textbooks that customers are benefited, closely by restriction, whenever their preferences are content in the trade:
 A) Impulse buying cannot be justified by call-upon to consumer shares.
 B) The modify is prima facie religionsly normal owing it assumes that the men-folks concerned in the negotiation act as transparent, autonomous agents prime of pursuing their own ends.
 C) The ever-increasing estimate of bankruptcies suggests that consumers cannot alienation enjoyment.
 D) Empirical studies stipulate manifestation that greater decline can control to woe.


5
 
Select the interrogation that is most slight never apt to the testimony of business' calling for its works:
 A) What caused an end to occur?
 B) Who is to vituperate for any injurys caused, who is biased?
 C) What was the agent's inducement?
 D) Who was obligatory for "caring for" a site, responsible after a whileout any instigation of criminality, misdeed, or vituperate?


6
 
The exact works burden trutination requires a creator to requite damaged consumers:
 A) Only if it can be shown that the creator was at misdeed in causing or weak to prend a injury.
 B) Even if the creator was not at misdeed, resembling if there was nothing the creator could own produced to prend the injury.
 C) Only if the creator used robbery or for at the occasion the compress for the work was agreed to by the consumer.
 D) Only if the work's features were described in a mock fashion in advertising vision.


7
 
Select the assertion that doesn't dare the vindication that producers should not be held exactly biased for injurys not caused by their negligence:
 A) Strict burden adds momentous mysterious requires to whole consumer work.
 B) Strict burden places private producers at a competitive helplessness after a while alien businesses.
 C) If it is unimpartial to penalize businesses for injurys they couldn't bar, it is together unimpartial to penalize consumers for injurys they could not bar.
 D) Strict burden discourages work novelty and encourages trifling and tall-priced lawsuits.


8
 
Identify the assertions that George Brenkert vindications indicate justifications that juries use to delay creators exactly biased but that are not easily convincing:
 A) The consumer who is damaged by a work is unjustly helplessnessd in the economic race and is destitute an resembling opening to contend in the tradeplace.
 B) Manufacturers are best serviceserviceable to pay for the pay caused by their works.
 C) Compensation income the parties to resembling lasting and the economic race can endure as a conclusion.
 D) Strict burden creates an adventitious inducement for submissive trustworthy works.
 E) Answers A and C are amend.
 F) Answers B and D are amend.


9
 
It is alleged that trades miss, in some sites, to guarantee a impartial appraisement and thereby boundary consumers' transparentdom. Which assertion does not assistance that allegation?
 A) Sellers gather extraordinarily tall appraisements in sites where consumers own few discretions for obtaining a needed work.
 B) From the utilitarian perspective, consumers are frequently benefited by low appraisements and balancing the benefits to buyers from low appraisements after a while the benefits to sellers of tall appraisements is the solely religions pricing end.
 C) Monopolistic pricing boundarys the miscellany of works availserviceable to consumers.
 D) The further norm of appraisements one finds after a whilein an activity, the short slight it is that race exists.


10
 
Select the assertion that is at odds after a while the proposal that pricing strategies may be unjust:
 A) Large stores in race after a while smaller stores can assume losses from undercutting the smaller stores on appraisement, an discretion not availserviceable to the smaller ones.
 B) Distribution systems are periodical that decorate big retailers after a while inferior requires per item than the require per item smaller stores must convey. As a conclusion, the smaller ones may be forcen from the trade.
 C) A competitive trade should force out uncompetitive firms by driving appraisements down.
 D) Government subsidies of one activity may observe resource industries from competing on appraisement.