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Social Responsibility In Marketing
We are to care for our fellow human being as
much as we care for ourselves. If only life was as
simple as that. In marketing there are several
issues we have to consider. The first rule of any
business setting is never to do harm. An obvious
example of this are the rules set for the toy
industry and safety of children.
Businesses must communicate and practice ethical
values that will generate confidence in the
integrity of our system from our consumers.
Businesses must aspire to these values because
they foster a long-term relationship with
customers and stake holders .
Managerial Ethics
It is useful for a manager to be ethical in
behavior because that helps the manager
solve conflicts of interests and clashes of
ideas in business. It is required of a
manager to be ethical in behavior when a
company and its stakeholders consider
practicing managerial ethics part of
managerial responsibility. Then a manager
comes to realize that he or she should be
ethical in behavior both by its merit and
virtue.
Managers Improving Ethical
Behavior
Hire individuals with high ethical
standards
Establish codes of ethics and decision
Lead by example
Provide ethics training
Conduct social audit
Provide support to individuals facing
ethical dilemmas
Code Of Ethics
Formal statement of an organization’s
primary values and ethical rules it expects
employees to follow
Usually written
Ethical norms and values have to be
stated in any business setting and
companies should always write their own
standards as a part of the training
package for a new employee.
Corporate Social Responsibility