What Is the Major Difference Between Social Responsibility and Marketing

question 115

Multiple Choice

What is the major difference between social responsibility and marketing ethics?

• A) Marketing ethics varies by industry whereas social responsibility involves universal rules of conduct.
• B) There is legislation that deals with marketing ethics, but none for socially responsible practices.
• C) Marketing ethics is concerned with organizational practices, and social responsibility is concerned with individual behavior.
• D) There is no difference; they are synonymous terms.
• E) Social responsibility deals with the total effect of marketing decisions on society, whereas marketing ethics relates to individual and group evaluations in marketing situations.

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Definitions:

Commercial Transaction

An exchange of goods, services, or funds between parties in a business context.

Social Inequality

The uneven distribution of resources, opportunities, and rights among different social statuses and groups in a society.

Group Autonomy

The right or condition of self-governance by a group, often within a larger political or social entity, that allows the group to manage its own affairs independently.

Mutual Obligation

A concept in social policy where the rights of individuals to receive certain benefits or support are conditioned upon their performance of specific duties or behaviors.