Chapter 4 – Conscious Marketing, Corporate Social Responsibility, and Ethics Marketing 6th
Customers: When companies exhibit conscious marketing principles, customers know that they can
trust the firms to provide healthy, ethically acceptable products and services. Many customers also
feel better about buying from a company that engages in responsible practices, which provides
them with the additional value of feeling good about buying from that company.
Employees: A firm committed to conscious marketing treats its employees with decency and
respect. For many employees, working for an irresponsible firm would be antithetical to their own
morals and values.
Marketplace: An industry improves its practices and avoids scandals when it ensures that the
participating firms act responsibly and appropriately in all areas.
Society: This stakeholder is local, national, or global communities who benefit when conscious
marketers give thought to how their practices might influence values or connections, such as
providing aid to underprivileged communities.
Environmental Sustainability. The benefits of conscious marketing might include cleaner air and
water as well as healthier product options.
LO4-5 Explain how conscious leadership can produce a conscious culture in the firm.
Conscious marketing should be integrated into the very foundation of the firm by its leaders, such as in
the firm’s mission statement. Then top management must follow through and commit to supporting CSR,
a strong ethical climate in the organization, and conscious marketing principles. When considering their
strategy, conscious marketing firms ask not only “can we implement a certain policy?” but also “should we
do it?” If any action is not ethical or socially responsible, the conscious firm will make changes to its
marketing strategy.
LO4-6 Describe how ethics constitute an integral part of a firm’s conscious marketing strategy.
Being a part of an ethically responsible firm should be important to every employee, but it is particularly
important to marketers because they interact most directly with customers and suppliers and make
decisions about how their products impact society and the environment. Thus marketing issues present a
multitude of ethical questions and opportunities to handle.
LO4-7 Identify the four steps in ethical decision making.
First, firms can include ethics and social responsibility in their corporate mission. Second, they should
institute policies and procedures to ensure that everyone working for the firm is acting in an ethically
responsible manner. Third, firms can model their ethical policies after a well-established code of ethics
like the one provided by the American Marketing Association. Fourth, when making ethically sensitive
decisions, firms can utilize a metric such as the ethical decision-making metric in Exhibit 4.6.
Extended Chapter Outline with Teaching Tips
I. Conscious Marketing
1. Recognition of marketing’s greater purpose.
2. Consideration of stakeholders and their interdependence.
3. The presence of conscious leadership, creating a corporate culture.
4. The understanding that decisions are ethically based.
II. Marketing’s Greater Purpose: Corporate Social Responsibility as an Element of Conscious
Marketing
Progress Check: Several questions are offered for students to check their understanding of core
concepts.
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