Session 4 9/17 Ethics and Corporate Social Responsibility Flashcards

Ethics and Corporate Social Responsibility Ethics  Why itʼs important  Strategies that firms might use  Examples of unethical behavior in the 4 Ps

1
Q

Marketing ethics and social

responsibility Define

A
 Social responsibility is the obligation of an
organization to maximize its positive
impact and minimize its negative impact
on society
 Ethical decisions are usually socially
responsible and vice versa
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2
Q

Strategies for dealing with

social responsibility issues

A
RADP
1. Reaction strategy
        Deny or ignore responsibility
2. Accommodation strategy
        Giving in to pressure
3. Defense strategy
        Put up a fight with law/PR but giving in where
necessary
4. Proactive strategy
        Taking on responsibility without pressure
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3
Q

Unethical behavior in 4P’s Examples

A

Promotion- ads with naked women
Product- ex. how much is too much? OBL toilet paper “wipe out terrorism”
Place- ex. bread is in back of store to get people to go through all products

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