Term
Term: Moral/ethical dilemmas that might arise in a business setting |
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Term: Ethical problems specific to marketing |
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Term: Set of values that guide decision making and behavior |
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Term: Voluntary actions of company to address the ethical, social, and environmental impacts of its business operations and the concerns of stakeholders |
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Definition
Corporate social responsibility |
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What are the steps to make ethical decisions? |
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Definition
1. Identify issues 2. Gather info and identify stakeholders 3. Brainstorm and evaluate alternatives 4. Choose a course of action |
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There are three phases when integrating ethics into marketing. What are they? |
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Definition
-Planning phase -Implementation phase -Control phase |
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What are the inputs (and outputs) of corporate social responsibility? |
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-Consumer -Company -Cause/issue |
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What are the six basic ethical values all marketers should have? |
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Definition
-Honesty -Responsibility -Fairness -Respect -Openness -Citizenship |
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What are the three ethical norms? |
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Definition
1. Do no harm 2. Enhance ethical values 3. Foster trust in the mktg system |
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What are the six tests of ethical action? |
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Definition
-Publicity test -Moral mentor test -Admired observer test -Transparency test -Person in the mirror test -Golden rule test |
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