Answer They are not bound to ethical duties. Investors and boards are examples of gatekeepers. They serve as intermediaries between market participants. They are not responsible for ensuring conformance to

Answer They are not bound to ethical duties. Investors and boards are examples of gatekeepers. They serve as intermediaries between market participants. They are not responsible for ensuring conformance to fairness in the marketplace. 8 points Answer Identifying the ethical issues involved Monitoring and learning from outcomes Considering how a decision affects stakeholders Identifying key stakeholders 8 points Answer Striving to select only the best alternative Following simplified decision rules Selecting the alternative simply because it is the easy way out Selecting the alternative that meets minimum decision criteria 8 points Answer When you are not accountable for the decision When you are solely responsible for a decision When you are presented with an issue from the start Under all circumstances 8 points Answer Inattentional blindness Incremental blindness Change blindness Normative myopia 8 points Answer Procuring Branding Marketing Copywriting 10 points Answer it assumes informed consent of the buyer, and therefore, it is assumed to be ethically legitimate. it allows consumers to assume that products are safe for use. it holds that consumer demand depends upon what producers sell. it holds a business accountable for paying damages whether or not it was at fault. 10 points Answer Purpose Planning Promotion People 10 points Answer affluenza caveat emptor influenza insomnia 10 points Answer that population is vulnerable. interest gained on such investments are not highly profitable. they target the considered and rational desires of the consumers. they do not abide by the principles of welfare economics. 10 points Answer unwilling to listen to the product details from the sales person. injured after using the product and filed a product liability suit. asked to buy a product without a warranty. being misled or deceived about the product. 10 points Answer It involves total control of direction or management. A person cannot manipulate someone without deception. It implies guiding people’s behavior with their conscious understanding. To manipulate something is to guide or direct its behavior. 10 points Answer It is not a central component of tort law. One can be negligent by doing something that one should not. One cannot be held negligent by failing to do something that one should have done. It excludes acts of both commission and omission. 10 points Answer strict product liability standard. actual foreseeability standard. reasonable person standard. consent and informed decision standard. 10 points Answer Unless a seller explicitly warrants a product as safe, buyers are liable for any harm they suffer. Advertising and marketing create consumer wants that support the entire economy. The court’s ruling on product liability cases is dependent on the extent of manipulation. By creating consumer wants, advertising and other marketing practices violate consumer autonomy.