Ethical Issues in Marketing and Their Impact on Organization and Society
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This presentation discusses the ethical issues in marketing and their impact on organizations and society. It covers topics such as unethical data collection, hiding the ugly, and offending the public.
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Marketing and society assessment 2
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Table of content Introduction Ethical issues in marketing field and also impact on organisation and society as a whole Conclusion References
Introduction Marketing defines as an activity of the businesses and organisations where a person can promotetheir organisation in related to their products and services so that large number of customers are to be attracted and firm will gain high amount of profits and revenues.
Ethicalissuesinmarketingfieldandalsoimpacton organization and society as a whole Ethics refers to the rules and regulation that can govern the people actions which is highly based on what is right and what is wrong. Ethical issues defines as a process that will create a conflicts within the society's moral principles(Peterson, 2020). In context of marketing ethical issues are reflected on the basis of customers issues that is majorly impact the image of the business.
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Continue…. Unethical Data collection-It is the main issue that is identified by the company in terms of marketing. In this before launching a new product and services organization can highly focus on the research and taking the follow ups from the society people for testing the market. At this time leaking of data is the main ethical issue because due to this an individual person data is not to be protected(Benton Jr, 2020).
Continue…. Hiding the Ugly- It is the another ethical issue that a company can face in the field of marketing. In this marketers of the organisations can provides the several information related to the products that could be the high risk on the customers skin and health. In context of Fair and Lovely marketers can provide the information related to their cosmetic products that is made up of pure ingredient which does not affect the skin after its use.
Continue…. Offendthepublic-Intermsofethicalmarketingcompaniescannotdiscriminate, stereotype and offend their buyers and society people in terms of promoting their products and services. In terms of fair and lovely, marketing manager can promote their products by targeting the dark color skin women which reflects the discrimination within the society. Due to this type of messaging people can stop doing the discrimination due that will impact the society norms and culture(Arkhipova and Gurieva, 2019).
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Ethical issues majorly impact the company and the society In case of the fair and Lovely these can be reflected below: If the organization cannot face the rules and regulation related to the terms of legality that will pay the huge fine and penalties and it will impact the Fair and lovely overall cost. Due to this their profit margin are be affected in negative way that is not the good sign for the firm sustainability(Stewart and Ladik, 2019). Poor marketing research is impact negatively on the firm. Lacking in the ethics and ethical issues will impact the organization brand image.
Conclusion From the above report it is concluded that ethical issues majorly impact the customers base and society attraction towards the business organization Marketing is a prominent term and company highly focus on promotion and selling activities so that it will not hurts the sentiments of the customers and the people of society. It inculcates that the impact of the ethical issues are negatively affect the society and organization In terms of society if ethics are to be properly followed by the firm than it gain the standard of living on the other hand it will affect their sentiments.
References Arkhipova, N.I. and Gurieva, M.T., 2019. The preconditions for the development of humanistic marketing in the nowadays context.RSUH/RGGU BULLETIN. Series Economics. Management. Law. Armstrong, G.M. and et. al., 2018.Marketing: an introduction. Pearson UK. Benton Jr, R., 2020. Our Obsolete Marketing Mentality: George Fisk, Meet Karl Polanyi.Journal of Macromarketing, p.0276146720973725. Deepak, R.K.A. and Jeyakumar, S., 2019.Marketing management. Educreation Publishing. Goldberg, M.E., Fishbein, M. and Middlestadt, S.E. eds., 2018.Social marketing: Theoretical and practical perspectives. Psychology Press.
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