Principles of Purchasing: Online Ethics and Customer Behavior Report
VerifiedAdded on 2022/09/23
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Report
AI Summary
This report delves into the principles of purchasing, focusing on the impact of online ethics and customer behavior. It analyzes two key articles: Limbu, Wolf, & Lunsford's work on consumers' perceptions of online ethics and its effects on satisfaction and loyalty, and Carrigan & Attalla's examination of ethical consumer behavior. The report highlights critical principles such as security, privacy, fulfillment, non-deception, and loyalty, emphasizing their importance in online retailing. It explores how customer perceptions of ethical practices influence purchasing decisions and the significance of social responsibility in consumer choices. The analysis also addresses the role of customer sophistication and the trade-offs consumers make between ethical considerations, price, quality, and value. Ultimately, the report underscores the need for marketers to understand and adhere to ethical principles to foster customer trust and loyalty, driving business success.
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