Nature and Scope of Marketing Ethics O.C. Ferrell, Ph.D. Professor of Marketing Creative Enterprise Scholar The Robert O. Anderson School And Graduate School of Management MSC05 3090 1 University of New Mexico Albuquerque, NM 87131-0001 Phone: (505) 277-3468 ocferrell@mgt.unm.edu Nature and Scope of Marketing Ethics INTRODUCTION Marketing ethics is viewed as important because of marketing’s interface with many diverse
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MGMT 407.341 (CRN: 60240), Business Ethics Tuesdays and Thursdays, 4:34 PM to 7:15 PM Summer Semester, June 7 to July 30, 2010 Fort Hood SDC, Room # D-112 A member of the Texas A&M System since 1917 Instructor: Mr. John La Lone, BS-BA, MS-HRM Department: Management, Marketing, and Administrative Systems Office: Room 135A Phone: (254) 519-5472 E-mail: lalone@tarleton.edu Office Hours: Monday, Tuesday, Wednesday and Thursday: 1:30 PM to 4:00 PM. By appointment only.
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values, management plan, goods and services production processes, marketing and financial plan (Exploring business, 2014, p. 40). In creating her business plan Jayne made strategic decisions in functional areas of management, operations, marketing accounting and finance, thereby reducing her risk of failure (Exploring business, 2014, p. 39). For example, as part of her business plan, Jayne profiled her target market as well as identified all her potential competitors within
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growing their profits at an infinite rate. But environment considerations should not be left while garnering those profits. The role of Environmental ethics come into play here which focuses on the MNCs' ethics in running their businesses as well as keeping the environment untouched to the extent possible. Environmental Ethics The field of Environmental Ethics has grown since the early 1970s. The scholars who have categorized the natural environment include Alan Marshall and Michael Smith. Marshall has
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Whistleblowing and ethics helplines in the 1Modes of Managing Morality Model Leon J van Vuuren Department of Human Resource Management University of Johannesburg Abstract The Modes of Managing Morality (MMM) model provides a heuristic device to assist business ethics scholars and practitioners to make sense of the differences that exist in the ways in which different organisations manage their ethics. Although it is difficult to demonstrate a clear distinction between ethics advice and whistleblowing
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to Business Ethics Individual and Organizational Ethics Learning Goals After studying this chapter, you should be able to: 1 Describe the stages of moral and ethical development. 2 Explain and apply the core concepts used by individuals and organizations to make ethical decisions. 3 Describe some ethics-based initiatives for fostering diversity in organizations. 4 Explain the nature of stakeholder responsibility and its ethical basis. Individual Differences and Ethics Ethics Competency Anne
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Pharmacy students, upon entering their institutions, have to abide by a code of conduct usually higher than other students following a different career path. Students specialising in law, marketing or accounting do not have to maintain the high standard of professionalism that pharmacy students have to demonstrate whilst in school. Students have deemed this set of rules unfair and professionals insist that it has to be maintained in order to fully understand the grasp of pharmacy as a profession
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everyday life. CHAPTER OUTLINE 4.1 UNDERSTANDING ETHICAL AND SOCIAL ISSUES RELATED TO SYSTEMS A Model for Thinking About Ethical, Social, and Political Issues Five Moral Dimensions of the Information Age Key Technology Trends that Raise Ethical Issues ETHICS IN AN INFORMATION SOCIETY Basic Concepts: Responsibility, Accountability, and Liability Ethical Analysis Candidate Ethical Principles Professional Codes of Conduct Some Real-World Ethical Dilemmas THE MORAL DIMENSIONS OF INFORMATION SYSTEMS Information
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AIGFP had helped conceal the bad assets of PNC Financial services by setting up a “special purpose entity” to undertake the assets. By 2004, AIG had paid an $80 million fine for helping conceal these bad assets. Later in 2005, rumors about bad accounting practices were going around and Hank Greenberg stepped down as his role of CEO. When he did this, credit-rating agencies dropped AIG’s credit rating from AAA to AA. This required AIGFP to have over $1 billion in collateral for their credit default
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Moral Compass Damon Horowitz, in his Ted talk calls it a moral operating system, which requires actual thought and reflection when making decisions about right and wrong actions . The Ethics and Compliance Institute, Ethics.org shares their version of an Ethical Decision-Making process based on filters and values. Their filters, PLUS (Policies, Legal, Universal, Self) provide four questions to guide decisions, suggesting a thoughtful and consistent process of analysis to guide leaders and organizations
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