Chapter 2 Flashcards

1
Q

what are the 3 stages to moral development?

A
  1. preconventional
  2. conventional
  3. principled
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2
Q

what is the preconventional moral development level?

A

acting on best interest, follows rules to avoid punishment and receive awards. asks what can i get away with

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3
Q

what is the conventional moral development level?

A

conforms to expectations of others, “what am i legally required to do”

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4
Q

what is the principled moral development level?

A

lives by an internal set of morals, values, and ethics. follows what they think is right over what the boss says

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5
Q

what is the most popular moral development level?

A

conventional

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6
Q

on what basis are people more likely to make moral decisions ?

A

on whatever feels right in a situation

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7
Q

what are morals?

A

adherence to right or wrong behavior and thinking

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8
Q

what are the 3 guidelines to fixed point of reference?

A
  1. never changes
  2. the fixed action
  3. separate
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9
Q

what is fixed point of references?

A

the correct action to take in any situation and never changes to fit an occasion

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10
Q

what does it mean by the fixed point of reference being separate?

A

separate from the decision-maker or else you can change the rules based on self interest

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11
Q

what does professionalism not have?

A

reciprocity

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12
Q

what are the core principles of professionalism?

A

doing good for others without expecting something in return

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13
Q

what are the core principles of selling?

A

unselfishly serve, professionally represent seller, do not focus on what you will receive in return

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14
Q

what is cooperative acceptance?

A

the right of employees to be treated fairly

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15
Q

what is moonlighting?

A

taking a second job on company time

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16
Q

what is technology theft?

A

taking customer records

17
Q

what is misrepresentation/breach of warranty?

A

false promises, wrong information given

18
Q

what is price discrimination?

A

selling the same quantity of the same product to different buyers at different prices, Robinson Patman Act says no to this

19
Q

what is tie in sale?

A

when the buyer is required to buy another unwanted product to buy something. the Clayton Act prevents this

20
Q

what is exclusive dealership?

A

when a manufacturer requires a company to buy their products. clayton act prevents this

21
Q

what is reciprocity in the sense of sellers working with customers?

A

when a company buys a product only if the other company buys one of theirs

22
Q

what are cooling off laws?

A

period in which buyer may cancel contract, return merch, and obtain a full refund

23
Q

what is the green river ordinance?

A

protects consumers and aids local firms by making it harder for outside competition to enter the market

24
Q

7 ways to manage sales ethics?

A
  1. top management taking lead
  2. carefully selecting leaders
  3. establish a code of ethics
  4. create ethical structures
  5. encourage whistle blowing
  6. create an ethical sales climate
  7. establish a control system
25
Q

what is an ethics ombudperson?

A

an official whos given responsibility of corporate conscience who heads and investigates ethical complaints and informs the top management of issues

26
Q

what is character?

A

what you do when no one is looking

27
Q

true professionals are ____

A

ethical

28
Q

what are the 4 main responsibilities of an organization?

A
  1. economic
  2. legal
  3. ethical
  4. discretionary (contribute to community and quality of life)