reflect the desires of the company’s employees for a quality working environment.
be based on company, industry, government, customer, and society viewpoints.
be derived from federal, state, and local laws and regulatory agencies.
72. When is the best time to deal with marketing exchange problems concerning ethics?
Right before the problem is made public
After the problem has received extensive media attention
Immediately after the problem is discovered
When lawsuits are brought against the company
During the strategic planning process
73. The boundary between legal and ethical issues is
determined by the courts.
determined by marketing managers.
74. A marketing ethics issue likely exists when
company members disagree about a marketing decision.
an activity does not benefit the organization but benefits the environment.
an activity results in increased prices for the consumer.
a consumer is dissatisfied with a marketing decision.
an individual or organization must choose from among several actions that must be
evaluated as right or wrong.
75. Reese has recently joined PharmaTec, a large pharmaceutical firm, as a sales representative. During
his interview, he was surprised that no one wanted to talk about why the previous sales rep suddenly
left the company. However, today he has just been “briefed” on the recent lawsuit one of the
physician’s has filed against PharmaTec concerning the lack of information he received from the
company about the negative effects of one of its cholesterol drugs. Reese’s sales manager has
demanded that if he comes across any documentation in the former sales representative’s office about
visits with the physician, that Reece is to not say anything to anyone and notify the manager
immediately. Reese certainly doesn’t want to jeopardize his new, and potentially profitable, job. He
has identified four possible courses of action he could take. He knows he should evaluate each
possible action with which of the following criteria in order to choose the one most appropriate?
its level of positive or negative impact on PharmaTec’s reputation
its potential to increase (or decrease) PharmaTec’s profit
whether the action is inherently right or wrong