Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
17th Edition
ISBN: 9781337493819
Author: BOONE, Louis E., Kurtz, David L.
Publisher: Cengage Learning
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Chapter 1, Problem 6CTE
Summary Introduction
To discuss: The importance for a firm to establish high ethical standards for sustainability and the role marketers play in implementing these standards.
Introduction: Consumer orientation is a business policy in the lean plan of action that requires the executives and employees of an organization to concentrate on the fluctuating needs and requirement of its consumers.
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Why is it important for a firm to establish high ethical standards for sustainability? What role do you think marketers playin implementing these standards?
How can marketers stay up to date with changing ethical and social responsibility standards, and ensure that their practices are up to date?
What should the firm do if customers want to purchase a product that is not only bad for them (tobacco, alcohol, or fast food) but is also bad for the society (higher health-care costs)? What will be the impact on the stakeholders?
Chapter 1 Solutions
Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
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- List 3 steps you can take to be a more conscious consumer and citizen of the planet, and how each of these steps can help mitigate climate change/pollution.arrow_forwardWhat are the ethical considerations and challenges that managers face when making decisions about sustainability and corporate social responsibility within their organizations?arrow_forwardWhat is consumerism, and how is it good for sustainability?arrow_forward
- Your philosophy on ethics in marketing, corporate social responsibility and sustainability; and an explanation of how you would apply this in your future career in marketing.arrow_forwardHow to influence behaviour to support sustainability is one of the biggest difficulties in environmental management. Some people advocate for more regulation and control. Others have noted that having regulation is one thing, but obtaining compliance with it is quite another. Some organizations promote voluntary commitments and compliance. Others continue to advocate for a social marketing strategy focused on the community. What are the advantages and drawbacks of these different strategies?arrow_forwardDiscuss what is ethical and socially responsible marketing and why should marketers be concerned about CSR and sustainability?arrow_forward
- Ethical decisions that affect a buyer’s ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.arrow_forwardthe unethical type of CSR is: All the options Ethical CSR Altruistic CSR Strategic CSRarrow_forwardGive an example of how ethical issues can affect eachcomponent of the marketing mix.arrow_forward
- What is the external environmental analysis process (four parts)? What does the firm want to learn when using this process?arrow_forwardDo businesses have a responsibility to be sustainable? Does the government have a responsibility to encourage sustainability? How do current events (COVID-19 and Manchin's coal loyalty)?arrow_forwardAdidas created a shoe partly made from recycled ocean waste. Can you think of other sustainable products Adidas can create?arrow_forward
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