Which of the Following Statements Is True Regarding Social Responsibility

question 259

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.

---

Definitions:

Equity Theory

A psychological theory stating that individuals assess their job satisfaction and motivation by comparing their job inputs (effort, skill level, etc.) and outcomes (salary, recognition) with those of others around them.

Underpaid Individual

A person who receives less compensation for their work than is considered fair or equitable relative to their job role, industry standards, or the value they provide.

Achieve Equity

The process or aim of ensuring fairness and justice within the allocation of resources, responsibilities, and opportunities among members of a community or organization.

Perceived Fairness

An individual's belief or perception regarding the equity or justice of a situation, process, or decision.