17-1 chapter objectives lo1 identify why marketers should be concerned about ethics lo2 describe...
DESCRIPTION
17-3 Step One: Identify Issues Marketing research firm issues Using results to mislead or even harm the public Data collection methods Hiding the real purpose of the study LO3TRANSCRIPT
17-1
Chapter Objectives
LO1 Identify why marketers should be concerned about ethics
LO2 Describe the characteristics of a socially responsible firm
LO3 Explain how a firm could make ethically responsible decisions
LO4 Outline how ethics & social responsibility can be integrated into a firm’s marketing strategy
LO5 Identify how consumers foster ethical and socially responsible business practices
LEARNING OBJECTIVES
17-2
A Framework for Ethical Decision Making
LO3
17-3
Step One: Identify IssuesLO3
17-4
Step Two: Gather Information and Identify Stakeholders
LO3
17-5
Stakeholder Analysis Matrix for a Marketing Research Firm
LO3
17-6
Case in Point: Ben and Jerry’s
Challenge
Answer
Results
To promote business practices that respect the earth and the environment.
Ethical sourcing of production and suppliers.
The company only uses milk that does not contain growth hormones, and now has transitioned to “certified humane” cage free eggs, also using fair trade certified ingredients such as coffee and vanilla.
LO3
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LO3
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Step Three: Brainstorm Alternatives
• Halt the market research project?
• Make responses anonymous?
• Instituting training on the CMA Code of Ethics for all researchers
LO3
17-9
Step Four: Choose a Course of Action
Weigh the alternatives
Take a course of action
LO3