If a company only followed the broad view of CSR in order to use it in their marketing campaigns, would you consider them to be ethical or unethical? Please refer to at least one normative ethical theory in your answer.
Most companies see CSR (Corporate Social Responsibility) as public relations and marketing. As a result, social issues are used as marketing campaigns. A few years ago, it became public that some companies were doing CSR out of their marketing budget. some were spending more marketing their CSR, than on the actual good cause. Firstly, this shouldn't surprise anyone, since CSR is fundamentally about aesthetics and imagery. You mean it's not about saving the planet? or Africa or dolphins? No Mobil aren't trying to empower female workers while saving the planet from boiling over? For the last time, CSR is corporate brand management. the new form of advertising.
When committed individuals and foundations try to solve the problems of the world, it is noble and commendable. When corporations use there problems as marketing campaigns, it proves CSR unethical. Maybe a few companies actually care about the issues in their marketing. But with so many businesses partaking in CSR , the majority do not.
In most cases, management and marketing executives sit around a table and pick a social or environmental issue with a good Return on Investment. We can spend $5 million on feeding African children or planting trees, then another $10 million marketing it. But which would result in better brand reputation and sales? Let's go with the tree planting, it's better imagery and in style now.
Not only is using serious world problems to sell products unethical. It desensitizes people to these problems. Many will assume that since someone else is seemingly tackling these problems, nothing more needs to be done. Some will believe that purchasing products packaged with CSR imagery actually helps to solve the problems. Since almost every product now has a green leaf on the packaging, saving the environment requires, nothing more than going shopping.
Another reason that shows CSR unethical is that it rarely is what it seems. Companies make vague claims about 'empowering workers', 'a better world together' and 'helping local communities' without evidence or meaning. Many green-leaf-logo 'sustainability foundations' and 'stewardship councils' are actually set up by companies to whitewash and green wash their industries.Some CSR apologists will argue that even if a corporation uncaringly throws money at a problem, it will still help. however these dilettantes saving the world can do more harm than good. They simplify problems into pretty pictures and portray false solutions. Corporate money doesn't solve problems, commitment does.
If a company only followed the broad view of CSR in order to use it in...
QUESTION 3 If a company only followed the broad view of CSR in order to use it in their marketing campaigns, would you consider them to be ethical or unethical? Please refer to at least one normative ethical theory in your answer.
As you recall, Chapter 9 provided a broad view of the mortgage deed process and role of a promissory note. Chapter 10 expands the discussion to include the importance of a deed of trust. Nineteen states plus the District of Columbia use the Deed of Trust as the customary security instrument in the sale of real estate. YOUR ANSWER NEEDS TO INCLUDE AN UNDERSTANDING OF “TITLE THEORY”. What is the practice in your home state? Assume you are a mortgage...
Choose one of your favorite brands. In your initial discussion post, explain what about the brand makes it compelling to you. How does the company use marketing to communicate the brand? Identify at least one way that the company could improve its brand communications. What should the company consider to avoid unethical marketing? How could unethical marketing affect its brand?
Choose one of your favorite brands. In your initial discussion post, explain what about the brand makes it compelling to you. How does the company use marketing to communicate the brand? Identify at least one way that the company could improve its brand communications. What should the company consider to avoid unethical marketing? How could unethical marketing affect its brand?
Use the website GRI’s Sustainability Disclosure Database to obtain a company’s most recent sustainability report. Once you get to the site, click home and then click Search, at the top. Select an industry that you are interested in, and a US company. Once you find a company report that you’re interested in, open and read the introduction to the report. Scan through the report, as needed, in order to answer the following questions. What is the name of your company?...
Please answer the questions using Captial One Financial. Do not change the company I have chosen. Thank you! The company I chose is Capital One Financial Please filter your search by your pathway, by selecting sectors (industries) that are in your pathway. Select an industry that you are interested in, and a US company. Once you find a company report that you're interested in, open and read the introduction to the report. Scan through the report, as needed, in order...
Please filter your search by your pathway, by selecting sectors (industries) that are in your pathway. Select an industry that you are interested in, and a US company. Once you find a company report that you’re interested in, open and read the introduction to the report. Scan through the report, as needed, in order to answer the following questions. What is the name of your company? What industry is it in? What is your pathway. Why did you select his...
Below are some real-life situations that present ethical questions in a business. Discuss at least two situations (of course you can discuss all of them) and look at it (a) from a strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from a point of view of what is best in the long run for the company. Look at each situation from the perspective of all groups concerned: customers, stockholders, employees, and community and not just your...
Best Exports has noticed their current year net income is only $60,000. In order to get a loan from their bank to assist the business they will need to provide a statement of cash flows. In reviewing the statement of cash flows, you notice a large increase ($80,000) in accounts receivable due to two of your largest customers being behind in payments. Since the bank looks at the operating activities, this increase will create concern. You make a suggestion to...
Scenario # 2 : Chicken International Group You are the CEO of a chicken-processing company. The Vice President of marketing informs you that if you label your chicken as “free range” you can charge 20% more and greatly improve profit margins. You find out that all that needs to be done to legally use the term “free range” is to open the door to the hen house for 5 minutes a day. This provides the chickens with access to the...