| Number of flashcards in this category: 14. | |||
| 1. | ethical mktg examples | cigarette ads: targetting kids? violent toys/games tainting "word of mouth" with buzz-agent programs | |
| 2. | ethics | subset of values concerned with ends or principles of conduct (not religion, laws, or society). | |
| 3. | social marketing | programs seeking to increase acceptability of a social idea, cause or practice ex. drunk driving awareness, seat belts, voting, pollution | |
| 4. | ethical exchange | Both the buyer AND seller should be better off after transaction. | |
| 5. | validity vs. fidelity | Actual factual quality of data, versus the intent or image given off by presentation of facts. Government seems to care more about latter; "paternalistic." | |
| 6. | deontological theory | Regardless of consequences, determine based on what is the most significant obligation. Doesn't consider context, just action itself. "deon" = duty If the act were okay universally, would it be okay? | |
| 7. | ethical issues with 4Ps | product: shoddy or unsafe, planned obsoleteness, knockoffs, environmentally unsafe pricing: excessive markups promotion: deceptive claims place: high costs of distribution | |
| 8. | utilitarian thoery | Does the greatest good for the most number of people. Looks mainly at the outcome, not the context. | |
| 9. | caveat emptor | "buyer beware"; now there are Consumer Bill of Rights. | |
| 10. | rule utiliatarian | Greatest good: looks @ overarching rules. (Not case by case.) | |
| 11. | consumer protection groups | Consumer Bill of Rights Federal Trade Commission FDA Federal Communications Commission CPSC (Consumer Product Safety) | |
| 12. | act utiliarianism | Greatest good for most people, on a case by case basis. | |
| 13. | egoism | maximize self interest | |
| 14. | business objects vs. ethical action | Businesses want: - efficiency, high returns (ROI), maximum shareholder profit These values don't always align with: - upholding company values, social responsibility | |