Chapter 3 Flashcards

1
Q

six modes of social control

A
ethics
laws
formal and informal groups
self regulation
the media
active civil society
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2
Q

ethics

A

the moral principles or values that generally govern the conduct of an individual or a group

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3
Q

deontology theory

A

states that people should adhere to their obligations and duties when analyzing an ethical dilemma

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4
Q

utilitarian theory

A

founded on the ability to predict the consequences of an action

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5
Q

casuist ethical theory

A

compares a current ethical dilemma with examples of similar ethical dilemmas and their outcomes

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6
Q

moral relativists

A

believe in time and place ethics, whatever the individual believes is right…. what a bunch of garbage

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7
Q

virtue

A

a character trait valued as being good

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8
Q

morals

A

the rules people develop as a result of cultural values and norms

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9
Q

pre-conventional morality

A

basic and child like, it is self centered and selfish, based on what will be punished or rewarded

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10
Q

conventional morality

A

moves from an egocentric viewpoint toward the expectations of society

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11
Q

post-conventional morality

A

represents the morality of the mature adult

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12
Q

code of ethics

A

guideline to help marketing managers and other employees make better decisions

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13
Q

foreign corrupt practices act

A

act prohibits bribes to foreign officials

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14
Q

corporate social responsibility

A

business’s concern for society’s welfare

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15
Q

sustainability

A

the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and viewing them as opportunities to build profits and help the world at the same time

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16
Q

stakeholder theory

A

says that social responsibility is paying attention to the interest of every affected stakeholder in every aspect of a firm’s operation

17
Q

pyramid of corporate social responsibility

A

a model that suggests corporate social responsibility is composed of economic, legal, ethical, and philanthropic responsibilities and that the firm’s economic performance supports the entire structure

18
Q

cause related marketing

A

the cooperative marketing efforts between a for profit firm and a nonprofit organization