Walmart Ran a Series of Advertisements in Trade Journals with the Headline

question 72

Multiple Choice

Walmart ran a series of advertisements in trade journals with the headline "We're Looking for Quality Products That Are Guaranteed Not to Last," meaning products that can be reused or recycled. This concern for the environment is one way that Walmart demonstrates which of the following?

• A) macroeconomics
• B) social responsibility
• C) the marketing concept
• D) environmental services

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Definitions:

Higher Wages

An increase in the amount of money received by workers per unit of time, which can impact labor markets and consumer spending.

Chance

The occurrence and development of events without any obvious design or cause, often expressed in terms of probability.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Prejudice

Preconceived opinion that is not rooted in actual experience or knowledge; biased judgment or unfair feelings directed toward individuals based solely on their membership in a particular group.