Reference no: EM132210548
1. While marketing has at times been conducted in unfair and unethical ways, if conducted ethically, marketing can be a powerful force in the success of organizations and provide consumers the opportunity to become more enlightened about product purchases.
False
True
2. The two overriding principles behind a number of pieces of legislation designed to regulate marketing and business activities is 1) to ensure free trade and open competition among firms and 2) to ensure firms do not mislead consumers with false and misleading marketing activities.
False
True
3. Advertisements that offer male consumers products that will enhance their personal appearance and sexual performance are subject to the criticism that marketing
causes people to buy more than they can afford
shapes inappropriate cultural values
capitalizes on human weaknesses
increases the prices of goods and services
4. The legislation that prohibits charging different prices to different buyers of the same merchandise and requires sellers that offer a service to one buyer to make the same offer of service available to all buyers is the
Clayton Act
Federal Trade Commission Act
Robinson-Patman Act
Lanham Act