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Business Ethics
Title: Business Ethics
Category: Business & Economy
Details: Words: 3765 | Pages: 16.0 (approximately 235 words/page)
Business Ethics
Introduction, Ethics in Marketing
Marketing and advertising plays a key role in a market society. The more competition there is, the more important marketing becomes. The Advertising Standards Authority states "no advertisement should mislead by inaccuracy, ambiguity, exaggeration, omissions or otherwise" (Wyburd, 1998, p. 43); all highly subjective criteria. There are many questionable areas in advertising such as the use of misleading or half-truths used to win customer and the subjective standards of decency often used to …showed first 75 words of 3765 total…
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Conclusion
"Ethics is about winning in the long term. Good business and good ethics are not a contradiction in terms" (Wyburd, p. 108). Self-regulatory guidelines are intended to be honored in light of their aims and principles. All marketers should support the guidelines in spirit and not treat their provisions as obstacles to be circumvented by legal ingenuity. Companies still appear to be dictated primarily by profit margin rather than "right and wrong."
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