Scenario 4

question 49

Multiple Choice

Scenario 4.2 Use the following to answer the questions.WhiteWave Foods, producer of brands such as Silk Soymilk, specializes in manufacturing innovative and nutritious food products. Silk Soymilk was first launched in 1996, and is committed to the health of its customers, as well as the health of the planet. At Silk, they have offset all of their energy consumption with wind power, preventing over 16,000 tons of greenhouse gasses from entering the atmosphere each year. Silk Soymilk is made from a mixture of organic and natural, non-genetically modified soy beans, reducing the amount of pesticides in the air, soil, and water. Since 2002 they have been sponsoring the FarmAid concert, whose mission is to is to keep family farmers on their land and ensure a safe, healthy food supply for all Americans.
-Refer to Scenario 4.2. The use of wind power to offset energy consumption by Silk Soymilk's parent company demonstrates its commitment to

• A)consumerism.
• B)ethical marketing.
• C)social responsibility.
• D)philanthropic strategy.
• E)environmental marketing.

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Definitions:

Consulting Costs

Expenses associated with hiring experts to provide professional advice, guidance, or problem-solving.

Sequential Move Game

A strategic game in game theory where players make decisions or moves one after another rather than simultaneously.

Centralized Purchasing

A procurement strategy where purchasing decisions and processes are handled by a single, central department within an organization.

Equilibrium

a state in economics where supply equals demand, resulting in a stable market condition.