Sunday, May 24, 2020

Essay on Ethical Theory vs. Nestle Marketing Tactics

According to Immanuel Kants ethical theory, an act is only morally right if we can will it to be a universal law of conduct. This ideal is what Kant called the categorical imperative. The categorical imperative has been successfully achieved when all of the following conditions have been met: the act in question is possible for everyone to follow; all rational people must be able to accept the act as if they were receiving the treatment themselves, and last, the act can never treat people as means to ends. In following Kants conditions, if everyone used deceptive marketing practices, as Nestlà © did, ultimately no one would believe in any product being marketed or those marketing the product. It would essentially nullify marketing†¦show more content†¦The Act Utilitarian theorist would essentially compare all logical and probable consequences to an act for everyone affected, and then compare them to each other as well as any alternatives, to determine if an act is morally right or wrong based on the consequences that bring about the greatest amount of happiness. In comparing the probable consequences, the Act Utilitarian must be unbiased in choosing the greatest amount of happiness, that is, he must be careful not to choose what gives him the greatest amount of happiness, but the overall positive value. The act itself is not morally wrong, but based on the possible outcomes it should be deemed wrong or right. Should Nestle have used the Act Utilitarian theory prior to practic ing their marketing tactics on third world countries, instead of being set in egoism, they would have concluded that what they had planned to do was ethically wrong. The positive values of using these marketing tactics would have been: greater profits to the Nestle company, worldwide recognition of the brand name itself, assistance to those mothers in third world countries who are unable to breast feed their children, and saving the lives of those babies who are truly unable to breastfeed. The negative values of using these marketing tactics, if compared prior to using them, would have been a severe distrust of Nestle itself if caught usingShow MoreRelatedpaul hoang answers72561 Words   |  291 Pagesspending on items such as books, equipment, repairs and improvements. They might also seek additional sources of funding such as government assistance. There will also be a need to account for all costs (expenditure) and revenues of the school. Marketing: schools need to attract customers (students and their parents). This might be done through means such as offering a broad and enriching curriculum and wide opportunities (such as extra-curricular activities). Public relations and promotion (suchRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesSingapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services: Ashley Santora Acquisitions Editor: Brian Mickelson Editorial Project Manager: Sarah Holle Editorial Assistant: Ashlee Bradbury VP Director of Marketing: Patrice Lumumba Jones Senior Marketing Manager: Nikki Ayana Jones Senior Managing Editor: Judy Leale Production Project Manager: Becca Groves Senior Operations Supervisor: Arnold Vila Operations Specialist: Cathleen Petersen Senior Art Director: Janet Slowik ArtRead MoreThe Mind of a Marketing Manager26114 Words   |  105 PagesThinking: The mind of a marketing genius Thinking: The mind of a marketing genius * Where are the best opportunities for your business today? How do you stand out in crowded markets? How do you deliver the best solutions for customers, and the best returns to shareholders? * Where should you focus amidst this complexity? What is your competitive advantage? Which markets, brands, products and customers should you prioritize in order to maximize value creation? Read MoreRÃÆ' ©sumÃÆ' © Marketing Management, 14th Edition - Kotler Keller26673 Words   |  107 PagesKOTLER RESUME Marketing Management Philip Kotler – Kevin Lane Keller SUMMARY PART 1 Understanding Marketing Management 4 Defining Marketing for the 21st Century 4 Developing Marketing Strategies and Plans 5 PART 2 Capturing Marketing Insights 13 Collecting Information and Forecasting Demand 13 Conducting Marketing Research 16 PART 3 Connecting with Customers 18 CreatingRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pages ELEVENTH EDITION MARKETING MISTAKES AND SUCCESSES 30TH ANNIVERSARY Robert F. Hartley Cleveland State University JOHN WILEY SONS, INC. VICE PRESIDENT PUBLISHER EXECUTIVE EDITOR ASSISTANT EDITOR PRODUCTION MANAGER PRODUCTION ASSISTANT EXECUTIVE MARKETING MANAGER ASSISTANT MARKETING MANAGER MARKETING ASSISTANT DESIGN DIRECTOR SENIOR DESIGNER SENIOR MEDIA EDITOR George Hoffman Lise Johnson Carissa Doshi Dorothy Sinclair Matt Winslow Amy Scholz Carly DeCandia Read MoreStrategic Marketing Management337596 Words   |  1351 Pages Strategic Marketing Management Dedication This book is dedicated to the authors’ wives – Gillian and Rosie – and to Ben Gilligan for their support while it was being written. Acknowledgements Our thanks go to Janice Nunn for all the effort that she put in to the preparation of the manuscript. Strategic Marketing Management Planning, implementation and control Third edition Richard M.S. Wilson Emeritus Professor of Business Administration The Business School Loughborough University Read MoreMarketing Management130471 Words   |  522 PagesDBA 1652 Marketing Management UNIT -- I Unit No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Unit Title Marketing management – an introduction Marketing environment Marketing with other functional areas of management Market segmentation Market targeting and positioning Product management Brand management Pricing Channel design and management Retailing and Wholesaling Integrated Marketing Communication Advertising management Sales promotion Personal selling PublicRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesproductive cost reduction How to recognize when regular audits of quality compliance will not guarantee customer loyalty Businesses are growing more intricate and at warp speed. For example, consider the effects of venture capital financing, multiple marketing channel distribution, and entirely new patterns of employee recruiting, development, and training. In addition, product and services launches increasingly require more effective development initiatives. Rapidly increasing numbers of new offerings—fromRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pageswhich have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depth – and often providing ‘solutions’ to some of the problems or difï ¬ culties identiï ¬ ed in the case. There are also over 33 classic ca ses on the CompanionRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesSTUDY IV-6 The Challenges of Local System Design for Multinationals: The MaxFli Sales Force Automation System at BAT CASE STUDY IV-7 Meridian Hospital Systems, Inc.: Deciding Which IT Company to Join CASE STUDY IV-8 Mary Morrison’s Ethical Issue Seventh Edition Managing Information Technology Carol V. Brown Howe School of Technology Management, Stevens Institute of Technology Daniel W. DeHayes Kelley School of Business, Indiana University Jeffrey A. Hoffer School of

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.