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Role of Ethics in International Marketing
Role of Ethics in International Marketing
Role of Ethics in International Marketing
in international
marketing
International
Marketing
Unethical practices
?
Is marketing evil?
• Damaging personal autonomy
• Causing harm to competitors
• Manipulating social values
• Marketing has a major impact on our self
images
• People are spending tons of money
• Marketing creates artificiality and
influences sexual attitudes
“
A business that makes nothing but
money
Is a poor business
- Henry Ford
Four P’s of unethical
marketing
Place Product
Promoti
Price on
Product
▧ Incomplete information
▧ Ignorance towards consumer
safety
▧ Deception
▧ Counterfeiting
▧ Wasteful packaging
▧ Treatment of animals when
testing
Price
▧ Price fixing
▧ Bid rigging
▧ Price discrimination
▧ Price skimming
▧ Supra competitive pricing
Place
▧ Retailing decisions
▧ Direct marketing
▧ Use of internet for Marketing
Promotion
▧ Work ethics
▧ Level of literacy
▧ Similarity or diversity in the
target nation
▧ bait and switch tactics
▧ media choices
conclusion
Thanks!
Any questions?