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Ethical marketing generally results in a more socially responsible and culturally sensitive business community. The establishment of marketing ethics has the potential to benefit society as a whole, both in the short- and long-term. As such, ethical marketing should be part of business ethics in the sense that marketing forms a significant part ...
Marketing ethics is known to have similarities with business ethics. Marketing ethics, however, can be divided into two categories: Positive marketing ethics. Normative marketing ethics. Positive marketing ethics looks at the statement "what is" when it comes to examining marketing practices, an example would be to research fraudulent ...
Marketing ethics came of age only as late as the 1990s. [104] Marketing ethics was approached from ethical perspectives of virtue or virtue ethics, deontology, consequentialism, pragmatism and relativism. [105] [106] Ethics in marketing deals with the principles, values and/or ideas by which marketers (and marketing institutions) ought to act ...
Media ethics is the subdivision of applied ethics dealing with the specific ethical principles and standards of media, including broadcast media, film, theatre, the arts, print media and the internet. The field covers many varied and highly controversial topics, ranging from war journalism to Benetton ad campaigns.
Neuroethics – ethics in neuroscience, but also the neuroscience of ethics; Situated ethics – a view of applied ethics in which abstract standards from a culture or theory are considered to be far less important than the ongoing processes in which one is personally and physically involved; Philosophical realism; Naturalism
The popularity of the internet introduced new marketing and branding opportunities. Where once journalists were the main source of media content, blogs, review sites and social media gave a voice to consumers regardless of qualification. Public relations became part of online reputation management (ORM).
However, the economic school of Public Choice Theory pioneered by James M. Buchanan has offered counter-arguments based on an economic demonstration of this theory of "amoral markets", which lack ethics or morals, versus "moral governments", which are tied to ideas of justice. [28]
Social responsibility in marketing is often discussed with ethics.The difference between the two is that what is considered ethical in terms of business, society and individually may not be the same thing––nor do all business actions necessarily have to be socially responsible in order to be considered ethical.