Ethics Flashcards

1
Q

Consumer orientated marketing

A

Companies view and organise their marketing truly from the customers viewpoint

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2
Q

Innovative marketing

A

Companies seek real product and marketing improvements.

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3
Q

Value marketing

A

Companies put most of their resources into value building marketing investments for all stakeholders

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4
Q

Societal marketing

A

Companies make marketing decisions by considering consumers long term interests, the company requirements and society’s long term benefits.

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5
Q

Sense of mission marketing

A

Companies define their mission in broad social terms rather than in narrow product terms.

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6
Q

American marketing association

A
Honesty 
Responsibility 
Fairness
Respect
Transparency 
Citizenship
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7
Q

Social responsibility

A

Links marketing with the community. Refers to the organisations obligation to maximise its positive impact on society.

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8
Q

Creyer and Ross quote

A

Consumers set the ethical bounds of business not moral philosophies.

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9
Q

Ethics

A

Ethics has to do with what is right or wrong, with individual evaluations or judgements about a particular decision making sitauation - DIBB

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