Monday, May 5, 2008

Ethics, corporate and social responsibility (MC, unit 1)


cause-related marketing developed in response to perceived need to increase credibility

Against the 'immoral' argument
- Does marketing communications stimulation of desires for a better lifestyle reflect the value of marketing communications or just society?
- Fuels economic prosperity by opening new growth areas.
- Stimulates competition to produce new products and ensure consumer choice.
marketers must balance own needs with those of society (Kotler '00)
Legal and regulatory frameworks - exist to ensure performed in an acceptable manner (self-regulatory codes too)

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