ethics in retailing-.ppt
TRANSCRIPT
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Ethics in Retailing
Ethical Challenges fall into three interconnected categories:
•Ethics
•Social Responsibility
•Consumerism
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Ethics
Ethics relates to retailer’s moral principles and values.
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Social Responsibility
A retailer exhibiting social responsibility acts in the best interests of society – as well as itself.
The challenge is to balance corporate citizenship with a fair level of profits for stock holders, management, and employees.
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Consumerism
Consumerism relates to the activities of government, business and other organizations that are designed to protect individuals from practices infringing upon their rights as consumers.