Ethical Influences (HSC SSCE Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Ethical behaviour
Ethical behaviour
Conduct that goes beyond legal requirements
Materialism
Materialism
Desire to constantly acquire possessions
Product placement
Product placement
Inclusion of advertising in entertainment
Puffery
Puffery
Exaggerated claims no reasonable person would take as factual
Sugging
Sugging
Selling under the guise of a survey
Cartel
Cartel
Two or more competing businesses agreeing to act together
Exclusive dealing
Exclusive dealing
One business trades with another & imposes restrictions
Resale price maintenance
Resale price maintenance
Supplier sets the price retailers must sell products at
Ad Standards role
Ad Standards role
Manages complaint resolution for advertising
Self-regulation
Self-regulation
Industry controls its own activities without govt oversight
