Marketing Chapter 6

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25.

A- Department of Homeland Security

In 1970, what agency was established to protect human health and monitor air and water pollution?

A- Environmental Protection Agency

How would you describe a company that voluntarily commits some of its income to helping the cause?

A- nonprofit organizations

The nonprofit organization that helps produce public service advertising campaigns for government agencies is known as the....

Ad Council

What is the purpose of the Federal Reserve Board?

B- control the monetary supply

21.

B- distribution law

29.

C- Clayton Antitrust Act

What organization to set up self -regulation among businesses was established in 1912?

Better Business Bureau

Which government agency limited the use of chlorine as a pesticide to trained professionals?

D- Environmental Protection Agency

Chemicals at a certain manufacturing plant were improperly stored and caused employees to become what federal regulatory agency should the employees go for help with this problem?

D- Occupational Safety and Health Admin

23.

D- USDA

20.

J- predatory pricing

24.

F- Robinson-Patman Act

Charitable organizations and other non-profit businesses do not earn income

False

The Federal Trade Commission assists businesses in establishing trade relations with other countries

False

27.

G- SEC

22.

H- Federal Reserve System

26.

I- FTC

Although Ben and Jerry's Homemade Inc. contributes part of its pre-tax income to charitable and environmental causes, the company if for-profit business

True

In business, ethics are guidelines for good behavior

True

In its role as regulator, the US government makes laws that protect consumers, workers, and businesses

True

Flextime

allows workers to choose their work hours

Federal Trade Commission

enforces the principle of a free enterprise system and protects consumers from unfair or deceptive business practices

Ethics

guidelines for good behavior

Telecommuting

involves working at home, usually on a computer

The three branches of the US government are executive,....... and judical

legislative

Ad Council

nonprofit organization that helps produce public service advertising campaigns for government agencies and other qualifying groups

Better Business Bureau

one of the oldest nonprofit organizations to set up self-regulation among businesses

what is the term used for reporting illegal actions of an employer?

whistle-blowing

The Occupational Safety and Health Administration is governmental regulatory agency created to protect....

workers

28.

E- FDA

What commission sets the standards for the broadcast industry?

Equal Employment Opportunity Commission

Green Marketing

companies make an effort to produce and promote environmentally safe products

........is pricing products unreasonably high after a natural disaster.

price gouging

Price Gauging

pricing products unreasonably high when the need is great or when consumers do not have other choices

Environmental Protection Agency

protects human health and our environment

Occupational Safety and Health Administration

provides guidelines for workplace safety and enforces those regulations

Food and Drug Administration

regulates the labeling and safety of food, drugs, and cosmetics sold in the US

Securities and Exchange Commission

regulates the sale of securities (stocks and bonds)

Federal and state government set a minimum wage that business must pay their employees. The wage-setting is an example of government's role as a....

regulator

Whistle-Blowing

reporting an illegal action of one's employer

Consumer Product Safety Commission

responsible for overseeing the safety of products such as toys, electronics, and household furniture

Equal Employment Opportunity Commission

responsible for the fair and equitable treatment of employees with regard to hiring, firing, and promotions

According to the text, ....... and ethics have become important business topics due to corporate scandals and unethical behavior.

social responsibility


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