Assignment:
True or false
1. Generation z is ages 0-13 and are definitely electronic gadgets oriented.
2. Baby boomers absolutely have the money to spend on expensive items.
3. Generally the more education that you get, the more money that you will make in your lifetime; but not always.
4. Green marketing is when companies sell products for money, and they mainly are trying to get the highest prices for their goods.
5. Greenwashing is when firms are not being totally honest about the environmental benefits of their products.
6. Moving to cities and buying smaller houses are not social trends in the us.
7. Absolute advantage is when a competitor can make their products cheaper.
8. Comparative advantage is when competitors can make their products cheaper.
9. Demographics deals with a population's age, gender, ethnicity, and race.
10. Corporate social responsibility is not as important as making money long term.
11. Ethics tells us what is right and wrong, but is not critical for firms.
12. Congress and car salespeople are viewed as the lowest ethical standards for professions.
13. Lawyers and nurses are viewed as having the highest ethical standards.