The adoption of a strategic focus for fulfilling the economic, legal, ethical, and philanthropic social responsibilities expected by stakeholders is called
A. marketing citizenship.
B. social responsibility.
C. stakeholders.
D. cause-related marketing.
E. strategic philanthropy.
Answer: A
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When compared to a corporation, one of the major advantages of a partnership is its relative ease of formation
a. True b. False Indicate whether the statement is true or false
A(n) ________ grants the owner all the incidents of a fee simple absolute except that ownership may be taken away if a specified condition occurs or does not occur
A) future interest B) servient estate C) fee simple defeasible D) easement estate
Twelve associates at Felton Corp. took a test administered by the firm to be promoted to senior associate. Eight men passed the test, but one man and three women failed it. Because no women passed the test, Felton Corp. did not promote any of the applicants and devised a new selection tool. The eight men who passed could bring a lawsuit against Felton Corp. based on the Ricci ruling.
Answer the following statement true (T) or false (F)
A small private university normally charges the same price –$200–per credit-hour for all courses and for all students
While the university is pretty near capacity in the fall and spring, it finds that its classrooms are only about 60 percent occupied during the summer session. A student of operations management wonders if revenue management might be useful to both the university and its students alike. This student, with help from some economics majors, estimates a demand curve for summer course enrollment. Points on this demand curve include 9000 credit-hours at the current rate of $200, 12,000 credit hours at $180, 15,000 credit-hours at $160, and 18,000 credit-hours at $140. Based on this demand curve, what price point would best serve the university, if its objective is the greatest revenue for the summer session?