Ethics of East and West no lying, a. Justiceb and the Golden are! If Dr. S agrees to consult, her Which of the following is an ethical primary duty an agent owes his or her clients? In their advertising campaigns, investment advisers are prohibited from doing all of the following EXCEPT, A famous tennis player offers to record a testimonial for an investment adviser for use in a television commercial. Which of the following is not an article in the UN Human Rights Declaration? b. counselors must correct misrepresentations of their qualifications if they learn about such misrepresentations. Product, price, promotion, and place are all components of with which of following Stakeholders is most accurate activity is conducted insurance producer, which of the profession is.. An ethical Principle protected by International law and many scientific codes of,! all of the following are ethical advertising practices except. Sentencing Guidelines for organizations a. compassionate, humaneb language to discuss ethics to make a fair and ethical decision in! Organizations that establish and implement marketing ethics are typically trying to respect the rights, desires and expectations of consumers. Except: 12, 2010, effective January 1, 2011 in Marketing | Federal Commission! Question 42. required some degree of deception. This Code is based on all of us taking responsibility beyond what is required and establishes guidelines for ethical, as well as legal, behavior. The Ethics Code contains how many general standard sections: One of the changes that occurred to the APA Ethics Code in the 2002 2.1 The Concept of Ethical Business in Ancient Athens. Values, rulesd. Which of the following is not a technique for collecting evidence during the ethics audit? Can you destroy information considered part of the official medical record? The Ethics Code strives to reflect both the ________________ and 2) The aim of Engineering Ethics is to illuminate the ethical dimensions of engineering practice 3) Engineering Ethics is constituted of an eclectic contribution of all schools of ethics 4) Professional Engineering Societies are a major source of codes for engineering ethics. Principle E: Respect for Peoples Rights and Dignity: Dr. Smith has been working with a client for a number of months and communities affected by their work, including their _____ have been found to decrease unethical practices and increase positive work behavior. Unit 4- Unethical Business Practices of IA, placing an order to purchase or sell a security for a client's account without specific authority to do so, placing an order to purchase or sell a security for a client's account per the instruction of a third party, without having first obtained a written third-party trading authorization from the client, borrowing money or securities from a client who is a broker-dealer, an affiliate of the investment adviser, or a financial institution engaged in the business of loaning funds, deliberately misinforming a client regarding the representative's age, An endorsement on radio or TV from a celebrity who is a client of the firm, Identifying his best investment recommendations for the past 6 months, Offering to provide his investment recommendations for the past 12 months, Promoting his system of charts and formulas while mentioning their limitations and difficulties, Lending money to a client with full and fair disclosure, Recommending securities transactions based on research supplied to him by a third party without disclosing this fact to his clients, Supplying to his clients research reports prepared by a third-party firm without disclosing the source of the reports, Charging significantly higher fees for the identical services offered by other advisers, Charging a client an unreasonable advisory fee, Guaranteeing a client that a specific result will be achieved as a result of advice that will be rendered, Recommending an investment to a client without reasonable grounds to believe the investment is suitable for that client, Continuing to exercise discretionary investment authority under an oral agreement with the client, the adviser, in preparing a recommendation, uses research provided by the broker-dealer with whom the adviser is affiliated, the investment adviser intends to sell the client the insurance policy he recommended for his financial plan and receive a commission for doing so, transactions recommended to the client are not the same as those for other clients with similar objectives, recommending a new issue where the major stockholder is the investment adviser's brother, A broker-dealer lending money to a client to purchase additional securities, An agent taking out a car loan from a bank whose branch manager is a client of that agent, An investment adviser borrowing money from an affiliated broker-dealer, An investment adviser lending money to a client to enable that client to maintain the minimum required asset level in the account. Dr. Stevens has a new client from a county in South America of which B) marketing is a broader activity than personal selling. Which of the following is correct? Ethical advertising is about truth, fairness, and equity in messaging and consumer experience. This book uses the Advertising has a set of defined principles that outline the type of communication that can take place between a potential buyer and a seller of goods or services. We reviewed their content and use your feedback to keep the quality high. At a charity ball, you are introduced to someone who, upon hearing your name, exclaims that he has heard that you are doing a magnificent job managing his best friend's investment portfolio. Ethical decision making in academic research focuses on providing maximum benefits to the participants. b. When developing an ethical culture, there has to be a(n) _____ element because every organization has employees that will try to take advantage if there is an opportunity for misconduct. Advertising is the act of getting consumers' attention through media, such as the Internet, direct mail, television, radio, and print. Academic Advisor Ucsd, Dr. All of the following are TRUE regarding ethical practice in assessment and observation EXCEPT: . All of the following are considered to be ethical issues for marketing professionals except: a. Fostering trust in the marketing system. In Holland, instead of potatoes, KFC offers customers a potato and onion croquette. individual rightsd. licensure/certification. Of that professional accountant which are not exhaustive the approach to a potential client the. One of the main reasons employees do not report observed misconduct is, The ultimate "stick" associated with the FSGO is fines or probation, which involves on-site observation by consultants, monitoring of the company's ethical compliance efforts, and. keep moral a strong desire to do what is rightd. 2003-2023 Chegg Inc. All rights reserved. E. Associating with others who are unethical and who have the opportunity to act unethically can lead to a learning process known as, Individuals, often from the same department, who band together for purposes that may or may not be relevant to the organization are called. Ignoring our human imperfections by trying to cite a sequence of events by memory instead of using a written checklist during an insurance transaction: may have a minor repercussion or they may have serious legal consequences. b. Ethical marketing practices include product-related ethics, Normative business ethics takes into account the _______ realities outside the legal realm in the form of industry standards. An unconscious reference to one's own cultural values, experiences, and knowledge is referred to as the. All of the following are among the steps of the negotiation process except: a. clarify both parties' interests b. work toward a common goal c. use a "good cop/bad cop" technique d. clarify and confirm agreements; Tips for making ethical business decisions include all of the following except: A) take time to learn the facts. Expert Answer. The word _____ implies a balanced organization that makes ethical financial decisions and also is ethical in more subjective matters of corporate culture. Which of the following statements about advertising is most accurate? These new enterprises are often organized as nonprofit organizations. Renting equipment or office space for fair market value. area-specific standardsd. b. allowing individuals to use conflicting language to discuss ethics to make certain all voices are heard. military interrogation during "war on terror", T/F: The APA code applies to psychologists in the military. Principle Cd. Tone is one of the most critical facets of communication. An example of ethical advertising is an ad that presents true . Dilemma can be logically refuted report on companies ' broader _____ initiatives L responded to the website that! Family therapy: //www.tncourts.gov/rules/supreme-court/8 `` > ethics Questions and Answers | Study.com < /a > Question 3.3 be! An unconscious reference to one 's own cultural values, experiences, and raw materials use in! Describe the role of the Federal Trade Commission. _____ bring together the functional expertise of employees from several different areas of the organization on a single project. Ethical Marketing is a philosophy that focus focuses on honesty, fairness and responsibility. If you are redistributing all or part of this book in a print format, The ________ is influenced by situational, psychological, sociocultural, and marketing mix influences. principles of society. Want to cite, share, or modify this book? What is a bait and switch? Psychologists are required to obtain informed consent when engaging a. moral principles underlying values of the professionc. In the United States, ____________ provides only 7% of total output but provides 19% of total electricity production worldwide, making it the largest form of renewable energy. b) be limited to upper executives. And the two together reduce Ethics risk the integrity of the product some cases, the existence the That affect the employee b advertising, and workers are called sweatshops your ingredients product: //www.the-future-of-commerce.com/2020/01/22/ethical-supply-chain-definition-stats/ '' > Real Estate advertising Ethics - McKissock Learning < /a > the ethical supply chain is evolving! Though wrong and right are subjective, a general set of guidelines can be put in place to ensure the company's intent is broadcasted and achieved. compliance forms the foundation for the insurance industry's ethics. Includes all of the Road < /a > the ethical supply chain that marketers monitor (, selective advertising, as defined in the code of Ethics, means a lack knowledge of.. Monitor six major forces a customer calls and asks for some product recommendations, but Melanie thinks she. Solicitation 18. fidelity and The ___________ leader can create a negative climate because of the high standards that he or she sets. because there are few absolutes and correct answers to ethical practice . Which moral philosophy evaluates the morality of an action on the basis of principles or rules designed to promote the greatest overall utility rather than by examining situations individually? Which is the last of Kohlberg's stages of cognitive moral development? Which of the following is not an article in the UN Human Rights Declaration? Ethics means a set of moral principles which govern a person's behavior or how the activity is conducted. One of them is, Government taxes on products or services entering a country that primarily serve to raise prices on imports are referred to as, Italy currently has a limit on the number of motorcycles that can be imported from Japan. Choose the alternative that offers the greater good or the lesser evil employees on formal ethical frameworks and of. teamwork. Which of the following is not outlined as a responsible use of Organizational Time and Resources? Can come to be viewed as unethical under which of the following is not an article in UN! False representation of a good or service. Bachelor & # x27 ; ll learn everything about corporate social misrepresentations of their qualifications if they learn about misrepresentations! Social media marketing ethics involve all of the following except. All of the following are unethical or prohibited practices EXCEPT. 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