Marketing Discussion

Discuss how managers are guided by a set of principles that help them analyze each situation from a moral perspective. You will learn that some ethical dilemmas faced by marketers are more challenging than others.

A modification of Critical Thinking Exercise Question 16-8 from Armstrong, G., & Kotler, P. (2017). Marketing: An Introduction (13th ed., p. 515). Boston, MA: Pearson Education.

On the Discussion Forum, post a 300-word response to the following question(s)/prompt(s); include at least one APA-formatted citation/reference:

Discuss three of the eight morally difficult situations in marketing presented in Table 16.1 (on page 511, attached). Which ethics philosophy is guiding your decision in each situation?

Sample Solution

Technological factors are revolution in technology that may affect the operations of the industry and the market favourably or unfavourably. It also affects the decision of the company whether to enter certain industries or to launch a product (B2U – Business-to-you.com, 2019). Factors that affects the operations could be one of the few followings impact on cost production, impact on product offer and technological development. If all the technology implemented by A2 Milk benefits the company, other competitors will try to copy their ideas. All the mentioned factors are all interconnected in technology because if the innovation is popular and it affects competitors revenue, others wills try to copy the idea. These are factors that needs to be monitored at all times, causing it to be a threat. However, with technology, it will still help to generate great profit to the company and the earning can be used for research and development to enhance their profitability.

Environment

Environment factors has surfaced due to increasing scarcity of raw materials, pollution targets and carbon footprint targets set by governments (B2U – Business-to-you.com, 2019). In the milk industry, it is heavily dependent on the health and availability of livestock. There are several factors that could affect the livestock, such as diseases or climate change. Diseases will have impact on the c

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.