Which of the Following Statements Is True Regarding Social Responsibility

question 144

Multiple Choice

Which of the following statements is true regarding social responsibility in marketing?

• A)Being socially responsible usually leads to a negative response from customers.
• B)Being socially responsible can conflict with a firm's profit objective.
• C)Companies tend to avoid developing written codes of ethics because standards for professional behavior are ambiguous by nature.
• D)Firms tend to advance their own short-term interests at the expense of customers.

Understand the impact of currency value changes on exchange rates.

Apply mathematical knowledge to make informed decisions in financial transactions involving fees and charges.

Solve complex problems involving multiple steps and calculations to find exact numerical answers.

Understand the rights and responsibilities of corporate directors and officers.

---

Definitions:

Meritocracy

A system or society where individuals are rewarded and advanced based on ability and talent rather than on class privilege or wealth.

Ideology

A system of ideas, beliefs, and values that reflects and supports the interests of a particular group or society.

Sociological Perspective

A view of society based on the dynamic relationships between individuals and the larger social network in which we all live.

Social Inequality

Disparities in opportunities and rewards are present across different social standings or roles within a society or group.