Ethical Issues in Business

Slides:



Advertisements
Similar presentations
© 2003 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
Advertisements

Ethical Aspects of Advertising and Promotion Advertising and Promotion. McGraw-Hill/Irwin© 2004 The McGraw- Hill Companies, Inc., Chapter 22.
CHAPTER EIGHT Ethics in Negotiation McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter = 5 Economic and social aspects of advertising.
The AMA Code of Ethics Could Egyptian Marketing Professionals Agree on a List of Rules, Perhaps Similar to This? The IMI Journal. Members of the AMA are.
Copyright ©2011 by Pearson Education, Inc. publishing as Pearson [imprint] Professionalism: Skills for Workplace Success, 2/e Lydia E. Anderson Sandra.
Chapter 18 Advertising Regulation and Ethical, Social, and Economic Effects of Advertising.
Ethics and Social Responsibility chapter four lecture 2 McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.
© 2004 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 17 Advertising and Public Relations.
 Effect on the Value of Products or Services  Effect on Prices  Effect on Consumer Demand & Consumer Choice  Effect on Competition.
Copyright © 2012 Pearson Education, Inc. publishing as Prentice HallChapter Brand Communication and Society.
Chapter Nine Marketing Ethics: Advertising and Target Marketing Jerry Estenson.
Ethical Issues in Marketing, Advertising & Product Safety
Introduction to Ethics. The Individual The Individual in Tribes.
Marketing Advertising, Information and Vulnerability
Philosophy 223 Marketing, Advertising and Information.
Copyright © 2012 Pearson Education, Inc. All rights reserved. Business Ethics Concepts & Cases Manuel G. Velasquez.
Conducting Business Ethically and Responsibly
Chapter 4 Ethics and Social Responsibility
Chapter 4 The Ethics of Manufacturing and Marketing
Chapter 17 In CSM Chapter 2 In S E Management Decision Making and Ethics.
Chapter Two Being Ethical and Socially Responsible.
Consumers.  What are the benefits to the consumer of a competitive market?  By what means do producers advertise their products?  How susceptible are.
Copyright © 2012 Pearson Canada Inc Sustainable Marketing Social Responsibility and Ethics May 7, 2014 Chapter 3 - Jennifer Ford.
Copyright © 2012 Pearson Education, Inc. All rights reserved. Business Ethics Concepts & Cases Manuel G. Velasquez.
Chapter 5 Managing Responsibly and Ethically Copyright © 2016 Pearson Canada Inc. 5-1.
The Economic, Social, and Regulatory Aspects of Advertising
Ethics and Social Responsibility in Marketing Chapter 3.
Evaluating the Social, Ethical, and Economic Aspects of Advertising and Promotion Ethical Evaluating the Social, Ethical, and Economic Aspects of Advertising.
CSE/ISE 312 Ethics Do the Right Thing
1 Ethics and Other Informal Controls Chapter 17 © 2009, The McGraw-Hill Companies, Inc. All rights reserved.
2-1 Moral Values Versus Ethics. Type of EthicsRightness is defined by…Basis of actions End Results -effect/consequences it has -utility of ends --Actions.
CHAPTER 1 CONSUMERS The Engine That Runs the Economy
McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.
Philosophy 223 Marketing and Vulnerability. Marketing and Manipulation Our analysis of advertising and autonomy suggested that directing advertising at.
Copyright © 2012 McGraw-Hill Companies, Inc., All right reversed McGraw-Hill/Irwin 20 Evaluating the Social, Ethical, and Economic Aspects of Advertising.
chapter 02 McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. The Economic, Social and Regulatory Aspects of Advertising.
ADVERTISING PLAYS ON THE UNCONSCIOUS DESIRES FOR: Sex Money Adventure
Copyright © 2012 Pearson Education, Inc. All rights reserved. Chapter 4 The Ethics of Manufacturing and Marketing.
The Nature and Types of Advertising
Chapter Three Advertising and Society. Prentice Hall, © Demand creation in advertising is considered a positive phenomenon. a) True b) False.
McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 3 The Big Picture: Economic and Regulatory Aspects.
Ethical Decision Making , Ethical Theories
Group 7 CIS03 June 09, Socially responsible computing is a major concern because of the many ways an information worker’s work can affect other.
Consumer Behavior & Public Policy. Why the Concern? Advertising -- communication by an identified sponsor about its goods or services, meant to inform.
© 2005 Pearson Education, Inc., publishing as Longman Publishers. 1 Chapter 5 Weighing the Ethical Issues Technical Communication, 10/e John M. Lannon.
Ethics in Negotiation McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.
Advertising and Consumer Decisions 1.5. Advertising What is the purpose of advertising? Think of brands that you know. Write down the first 3 you thought.
CORPORATE SOCIAL RESPONSIBILITY. CORPORATE SOCIAL RESPONSIBILITY (CSR) CSR is concerned with treating the stakeholders of the firm ethically or in a responsible.
FOOD ADVERTISING ON CHILDHOOD OBESITY… SHOULD IT BE REGULATED? BY, PHILIP FENNELL.
Ethical Aspects of Advertising and Promotion
ETHICS IN MARKETING ANUPREET KAUR.
Ethics and the Conduct of Business
Sports and Entertainment Marketing
Social, Ethical, and Regulatory Aspects of Advertising
International Business Negotiation
Key Thoughts Trust is crucial to developing successful relationships with customers. Build trust by being competent, compatible, candid, customer-oriented,
Bullard/Villard Houses
Ethical Issues in Business Chapter 4 Employee Rights
Ethical Issues in Business Chapter 6 International Business
Ethical Issues in Business Chapter 3 Product Quality
PART III Ethical Issues in Business
Ethical Issues in Business Chapter 10 Business and Our Environment
PART III Ethical Issues in Business
Ethics and Social Responsibility in Marketing
Chapter 3 Does advertising create needs?
Advertising and Public Relations
Advertisers’ Deception
Module 2 Selling Ethically.
Presentation transcript:

Ethical Issues in Business PART III Ethical Issues in Business Chapter 2 Advertising Copyright © 2017 Peg Tittle - Broadview Press Inc.

Copyright © 2017 Peg Tittle - Broadview Press Inc. Advertising What is morally acceptable in advertising? Is it acceptable to lie in advertisements? To deceive? To mislead? Is it acceptable to manipulate? Are advertisements capable of manipulating? Does intent to mislead matter? Consider ambiguities, exaggerations and implications  is manipulation a matter of degree? Does it matter if persuasion is rational vs. non-rational? Does medium make a difference? Copyright © 2017 Peg Tittle - Broadview Press Inc.

Copyright © 2017 Peg Tittle - Broadview Press Inc. Advertising Cont’d… Arguments against lying, deceiving, manipulating, misleading and coercing: Respect for persons  is consumer a means to the company’s end or as an end in him/herself? People’s rights  deception undermines autonomy and consequently restricts freedom of choice Fairness  how can consumer make a fair decision with incomplete or slanted information? Social good  do advertisers count on consumers being unhappy? Copyright © 2017 Peg Tittle - Broadview Press Inc.

Copyright © 2017 Peg Tittle - Broadview Press Inc. Advertising Cont’d… Arguments against this type of advertising (cont’d): Advertising is wasteful  billions of dollars spent per year could improve quality of life The target rather than the content can be unethical: Advertising to children; they are not autonomous consumers Product placement especially potent Influence of advertising on editorial content Not advertising to specific groups Identification of target groups – is “data-mining” legitimate or an illegitimate invasion of privacy? Copyright © 2017 Peg Tittle - Broadview Press Inc.

Copyright © 2017 Peg Tittle - Broadview Press Inc. Advertising Cont’d… Arguments against this type of advertising (cont’d): Not only “what” and “to whom” – “where” is also an ethical issue (e.g. billboards can be highly distracting) “How much” can also be an issue – should the amount of advertising be limited? Does it matter “what” you’re advertising? Who is morally responsible for the advertising? Copyright © 2017 Peg Tittle - Broadview Press Inc.

Copyright © 2017 Peg Tittle - Broadview Press Inc. Advertising Cont’d… Arguments for this type of advertising: Respect for persons  pursuit of profit and freedom of speech Fairness  in order for a business to thrive, it needs to let consumers know about its goods and services Social good Fosters competition, which improves quality and price; Informs consumers about what is available Valuable sponsorship aspect: many organizations and events rely on advertising for funding Copyright © 2017 Peg Tittle - Broadview Press Inc.