MAR 3023 FINAL STUDY GUIDE 2026 FULL
QUESTIONS AND SOLUTIONS GRADED A+
>> Marketing Ethics
Answer: Responsible marketing practices
>> Social Responsibility
Answer: Beyond profit to society
>> Green Marketing
Answer: Environmentally friendly products
>> Cause-Related Marketing
Answer: Tie sales to charity
>> Sustainable Marketing
Answer: Long-term societal good
>> Consumerism
Answer: Movement for consumer rights
>> Consumer Rights
Answer: Safety, information, choice, voice
>> Deceptive Advertising
Answer: False or misleading claims
, >> Puffery
Answer: Exaggerated claims
>> Bait-and-Switch
Answer: Advertise low price to switch
>> False Advertising
Answer: Materially false claim
>> Price Fixing
Answer: Collusion on prices
>> Predatory Pricing
Answer: Low prices to eliminate competition
>> Price Discrimination
Answer: Different prices to different buyers
>> Robinson-Patman Act
Answer: Prohibits certain price discrimination
>> Antitrust Laws
Answer: Sherman, Clayton, FTC Acts
>> Product Liability
Answer: Responsibility for defective products
>> Strict Liability
Answer: No fault needed
QUESTIONS AND SOLUTIONS GRADED A+
>> Marketing Ethics
Answer: Responsible marketing practices
>> Social Responsibility
Answer: Beyond profit to society
>> Green Marketing
Answer: Environmentally friendly products
>> Cause-Related Marketing
Answer: Tie sales to charity
>> Sustainable Marketing
Answer: Long-term societal good
>> Consumerism
Answer: Movement for consumer rights
>> Consumer Rights
Answer: Safety, information, choice, voice
>> Deceptive Advertising
Answer: False or misleading claims
, >> Puffery
Answer: Exaggerated claims
>> Bait-and-Switch
Answer: Advertise low price to switch
>> False Advertising
Answer: Materially false claim
>> Price Fixing
Answer: Collusion on prices
>> Predatory Pricing
Answer: Low prices to eliminate competition
>> Price Discrimination
Answer: Different prices to different buyers
>> Robinson-Patman Act
Answer: Prohibits certain price discrimination
>> Antitrust Laws
Answer: Sherman, Clayton, FTC Acts
>> Product Liability
Answer: Responsibility for defective products
>> Strict Liability
Answer: No fault needed