Ethics Flashcards
Consumer orientated marketing
Companies view and organise their marketing truly from the customers viewpoint
Innovative marketing
Companies seek real product and marketing improvements.
Value marketing
Companies put most of their resources into value building marketing investments for all stakeholders
Societal marketing
Companies make marketing decisions by considering consumers long term interests, the company requirements and society’s long term benefits.
Sense of mission marketing
Companies define their mission in broad social terms rather than in narrow product terms.
American marketing association
Honesty Responsibility Fairness Respect Transparency Citizenship
Social responsibility
Links marketing with the community. Refers to the organisations obligation to maximise its positive impact on society.
Creyer and Ross quote
Consumers set the ethical bounds of business not moral philosophies.
Ethics
Ethics has to do with what is right or wrong, with individual evaluations or judgements about a particular decision making sitauation - DIBB