Chapter 4 Flashcards
Short-term _____ or long-term ________
Goals
Success
Types of ethics (2)
Business Ethics
Marketing Ethics
___________, ____________ and ________ create an ethical climate
Values; Controls; Rules
American Marketing Association has a code of _______
Ethics
Personal ethics is influenced by __________, ___________, __________, and ____________.
Genetics; Family; Religion; Values
When faced with a problem, a company must ________________ or _________________
Delay production
Continue production
A matrix exists of ________ and ______________
Ethics
Corporate social responsibility
Steps for Ethical Decision Making (4)
1 - Identify Issues
2 - Gather Info and ID stakeholders
3 - Brainstorm and evaluate alternatives
4 - Choose a course of action
3 steps to turn ethics into strategy
Planning
Implementation
Control
Corporate social responsibility to (4):
Employees, Customers, Society, and Marketplace