Identify three areas of marketing that are of particular interest to legislators, and explain why these areas are of particular interest
What will be an ideal response?
Answers will vary. False advertising and deceptive pricing practices are of particular concern because these practices violate the basic consumer right to be informed. Tobacco advertising is of concern because it may also violate a consumer's right to safety, as tobacco is a product linked to several health problems. Children's advertising is of concern because these consumers may be too young to make educated, informed choices about products. Product safety is of concern as it is related to a consumer's right to safety and to a healthy environment. Nutritional labeling is a concern because it is related to a consumer's right to be informed about a product. Fairness in lending practices are of a concern to legislators, as they must ensure that discrimination does not occur. Finally, consumer privacy is an important issue for legislators to consider as more personal information is shared among marketers.
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Adriana and Belen are partners who share income in the ratio of 3:2 and have capital balances of $50,000 and $90,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $90,000 . How much cash should be distributed to Adriana?
a. $50,000 b. $20,000 c. $30,000 d. $45,000
Because market share is hard to obtain, it should not be considered in a marketing audit
Indicate whether the statement is true or false
A run-on-sentence results when a writer joins two independent clauses with a comma
Indicate whether the statement is true or false
Which of the following would terminate an offer?
A) Rejection by the offeree B) Revocation by the offeror C) Counteroffer by the offeree D) A, B, and C E) A and B only