Socially Responsible Marketing Table of Contents Origins of Social Marketing 1 Definition of Socially Responsible Marketing: 2 Social Issues: 2 Bono’s Product (RED) Initiative: Reducing CSR to Cause-Related Marketing by Stefano Ponte‚ Lisa Ann Richey and Mike Baab 3 Social Marketing Mix 3 Product – offer made to target adopters 3 Price – costs that consumers have to bear 4 Special focus on GAP: 5 ETHICS 6 Definition 6 The Organisational Moral Development Model – Reidenbach
Premium Marketing Corporate social responsibility
Starbucks Corporation Since implementing its supplier social responsibility standards in 2006‚ Starbucks has engaged in more than 500 factory assessments and continues to work with more than 70 factories on improving their social and environmental standards. As part of its 2015 global-responsibility goals‚ Starbucks aims to volunteer one million community service hours globally. Starbucks has achieved LEED certification for 116 stores in 12 countries‚ with 69 per cent of company-owned stores
Premium Ford Motor Company General Electric Wind turbine
AccountAbility Senior Research Fellows Marcy Murninghan and Bill Baue posed the following 10 Questions Marcy Murninghan: You‘ve participated in many cross-sector and public-private partnerships. What key qualities do you look for in partnership initiatives? And what warning signs alert you to possible problems—particularly when multiple parties are involved? We are living in a world in which cross-sector and public-private partnerships have become essential to all stakeholders’ core missions. Whether
Premium Stakeholder analysis Public–private partnership Philanthropy
2014 p.77). This view is called the shareholder model and it’s all about maximizing profits. Friedman believes that organizations cannot effectively act as moral agents for all company shareholders. “Doesn’t it make more sense to have companies do what they do best‚ make good products at fair prices‚ and then let consumers use the savings for the charity of their choice?” asks Russell Roberts‚ an economist at George Mason University (Williams‚ 2014 p.78). According to “Reputation Institute”‚ a private
Premium Social responsibility Corporate social responsibility Sociological terms
FONTERRA AS A SOCIALLY RESPONSIBLE COMPANY Executive summary Fonterra is a co-operatively owned multinational dairy company and also New Zealand’s largest company. The purpose of this report was to determine the company’s public image as well as investigate whether the company operates in a socially responsible manner. An analysis of various instances in which Fonterra has appeared in the media was conducted with the perspectives on corporate social responsibility in mind. The conclusions were
Premium Social responsibility Milk
A comprehensive study of responsible commerce broadens one’s perspective regarding the importance of a social paradigm within the ethics of business. By undertaking this subject‚ I was able to develop my understanding of the role of morality in business and how differing ethical theories impact upon stakeholders. Acting to benefit the interests of a majority is at the core of the consequentialist theory of utilitarianism‚ a philosophy carefully examined throughout the semester. Its merits and faults
Premium Bernard Madoff Ethics Ponzi scheme
Apple‚ a Socially Responsible Corporation It is no mystery that companies exist and desire to make a profit from their product or service being offered. However‚ it is becoming increasing popular that companies desire to achieve social responsibility in order to increase their public image‚ which in turn should lead to increased profits. In this class‚ we learned that social responsibility is the duty to take an action that will benefit the interests of society and the organization (Kinicki &
Premium Apple Inc.
What would a socially responsible tobacco company look like? It could certainly not be defined as such if it did not address the harm its products cause. It would be engaged in research and development seeking to develop less harmful versions of it product that would remain acceptable to its customers. It would have a clear code of conduct about how it seeks to market it’s products and to whom it would aim to tackle corruption and smuggling. It would ensure tobacco farmers worked in good conditions
Premium Social responsibility Corporation Tobacco
SOCIALLY RESPONSIBLE Telus Corp. Nowadays many successful companies are making corporate social responsibility a key to business. Telus was selected to one of the Top 50 Socially Responsible Corporation in Canada that Maclean’s published in 2011. In response to the 2011 Alberta fires‚ the company provided free wireless calling‚ a stoppage on billing‚ long-distance calling cards‚ replacement cellphones and over 1‚600 comfort kits for relief workers and residents of Slave Lake (Jantzi-Sustainalytics
Premium Exxon Valdez oil spill
for your business. The question of this article is‚ can companies do well by doing good? The idea is that companies have a responsibility to do what’s right for the public. Most of the time doing what is right reflects profits for the company. The article talks about socially responsible business practices being irrelevant because it is all an illusion‚ and potentially a dangerous one. The whole reasoning behind socially responsible business practices being irrelevant is that in most cases‚ doing
Premium Social responsibility Corporate social responsibility