Which of the Following Is Being Followed as a Guiding

question 140

Multiple Choice

Which of the following is being followed as a guiding principle by a company that produces and heavily markets cigarettes, with many promotions aimed at young (although legal age) nonsmokers?

• A) the philosophy that companies should have a social conscience and be morally responsible for current and future populations
• B) the philosophy that companies can do in good conscience whatever the market and legal systems allow
• C) the philosophy of environmentalism
• D) the philosophy of consumer-oriented marketing
• E) the philosophy of consumerism

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Definitions:

Government Payments

Financial transfers made by the government to individuals, businesses, or other governments, often as part of welfare, subsidy programs, or for procurement of services and goods.

Market Units

Denotes the standardized quantities or measures used to specify transactions in a particular market.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.

Government Policy

Principles and actions by which a government aims to influence or control the economy, social and financial matters.