Ethics, Social Marketing, and Corporate Social Responsibility Flashcards
What is ethical behaviour?
It’s social culture and norms, business culture and industry practices, and corporate culture and expectations that form personal moral philosophy and ethical behavior.
What are some marketing criticisms?
1) Negative Impact on consumer welfare
2) Materialistic/acquisition-based society
Creates needs vs. emphasizes existing needs
3) Unfair practices
4) Self-esteem threats
5) Discriminatory actions
What are some Legal and Ethical issues in marketing?
1) Selling decisions: Bribing- Stealing trade secrets - Disparaging customers- Misrepresenting - Disclosure of customer rights - Unfair discrimination.
2) Advertising decisions
False advertising : Deceptive advertising - Bait-and-switch advertising - Promotional allowances and services.
3) Channel decisions:
Exclusive dealing- Exclusive territories- Dealer’s rights.
4) Competitive relations decisions:
Anticompetitive acquisition - Barriers to entry- Predatory competition.
5) Product decisions:
Product additions and deletions- Patent protection - Product quality and safety- Product warranty.
6) Packaging decisions: Fair packaging and labelling - Excessive cost - Scarce resource - Pollution.
7) Price decisions: Price-fixing- Predatory pricing - Price discrimination- Minimum pricing-
Price increases- Deceptive pricing.
What are some ethical issues in Promotion?
False advertising
Political advertising
Photoshopping models
Dangerous products/susceptible groups
Pushy salespeople
Stereotypes in advertising
Disrespectful forms of promotions