morals
personal values; internal, personal evaluation of right/wrong (judge ourselves by personal sense of morality)
ethics
social application of personal moral values; standard of moral conduct in relations to others; conformity of actions (judge others according to social code of ethics)
developing personal ethics
people (parents), culture (environment raised in city/rural), philosophy (theology), law (professional codes of ethics), religion
Aristotle "Golden Mean"
avoid extremes seek middle gored moderation best
Deontological "Duty-based"
act according to universal moral duties; Kant's "categorical imperative", moral rules = universally applies, absolutist; no exceptions
Teleological "Consequence-based"
produce the best consequences, minimize harm; egoist (self-interest) vs. utilitarian (greatest good for greatest number of people)
role of ethics in business
affects profits
affects organization's reputation
affects employee/leader stress and employee well-being
affects ability to hire
helps avoid lawsuits and government regulation
promotes trust by consumers, employees, suppliers and other stakeholders
ethical issue
an identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical; conflict of interest, fairness and honesty, communication, privacy
conflict of interest
person must choose wether to advance his or her own personal interests or those of others
fairness and honesty
heart of business ethics and relate to the general values of decision makers
communication (ethical issue)
truthfulness about product safety and quality are important
privacy
??? the right of people not to reveal information about themselves
consumer bill of rights
right to safety
right to be informed
right to choose
right to be heard
right to safety
a business must not knowingly sell anything that could injury or harm; defective products
right to be informed
consumer's right to review full info about a product--ingredients, risks
right to choose
variety of products and services at competitive prices; fair prices
right to be heard
by government and companies about product concerns and interests
pyramid of social responsibility
voluntary responsibilities
ethical responsibilities
legal responsibilities
economic responsibilities
voluntary responsibilities
being a "good corporate citizen"; contributing to the community and quality of life
ethical responsibilities
being ethical; doing what is right, just, and fair, avoiding harm
legal responsibilities
obeying the law (society's codification of right and wrong); playing by the rules of the game
economic responsibilities
being profitable
roles and functions
marketing
advertising
public relations
community relations
internal communications
employee training
event management
digital media
commonalitites
alignment with organization's strategic goals, creating a positive image, writing-creativity, importance of research and analysis, vision and leadership
marketing
identities customer's desires/needs, research, product, design, customer support hotline
advertising
create brand awareness, design promotional messages, determine media channels, assess campaign effectiveness
public relations
manage organization's image/reputation to public, press releases, responds to crisis situations
community relations
enables with local community, philanthropy, good corporate citizen
internal communications
keep employees formed about company goals, newsletters, intranets
event management
-internal: company events, United Way Drive -external: product promotion
employee training
determine employee training needs, design & develop programs, print & web-based
digital media
internal: company intranet, executive presentations
external: website, use of social media to promote company
strategic communication
goal-oriented communication, purposeful, boundary-spanning in organizations
communication
process of creating share meaning; inform, educate, persuade, bias for action
intrapersonal communication
self-talk, communicating with self
interpersonal communication
interaction with other people
human communication
small group communication
public communication
mass communication
computer-mediated communication
small group communication
communication among a small number of people who share a common purpose or goal, who feel connected to each other, and who coordinate their behavior
public communication
communication directed at an audience that is larger than a small group
mass communication
the process of creating shared meaning between the mass media and their audiences
computer-mediated communication
the exchange of messages carried through an intervening system of digital electronic storage and transmitted between two or more people
philanthropy
??? charity; a desire or effort to promote goodness, charitable donation to public causes
corporate social responsibility (CSR)
??? the notion that corporations are expected to go above and beyond following the law and making a profit
benefits communication
??? personal benefits, professional benefits, and social benefits
Shannon-Weaver Linear Model Transmission
info source (message) transmitter (signal) channel (noise) receiver (received signal message) destination
Transactional Model
coding: sender <-- --> receiver
two-way communication
message, feedback, noise
field of experience/context
source
sender of the message, objects that encode message data and transmit the information, via a channel, to one or more receivers
receiver
person who gets the message and tries to understand what the sender actually wants to convey and then respond accordingly
encoding
sender consciously attaches meanings to symbols from feelings and ideas, creating the message
decoding
receiver interprets and creates an understanding of the message
channel
the medium, mean, manner, or method through which a message is sent to its receiver
message
information conveyed by words, and/or other signs and symbols
noise
affects sender's meager, may prevent message from reaching receiver accurately
feedback
the receiver's response to a message that gives communicator an idea of how the message is being received and whether it needs to be modified
context/environment/fields of experience
circumstance, environments, life experiences (values, attitudes), that communication is taking place
physical/external noise
factors outside the receiver (static on phone, noisy room, pop up ads)
physiological noise
biological impairments (unable to hear high-pitched sounds; eyesight)
psychological/cognitive noise
internal framing (accuracy of schemas) (preconceived ideas, biases, close-minded)
semantic noise
sender and receiver have different meaning systems (dialect differences, jargon, "medicalese")
research
asking questions and finding answers, a systematic attempt to discover something, used to describe explain or predict, use scientific and systematic methods to uncover patterns in the lives of people
inquiry
pursuit of knowledge
little "r" vs. big "R"
informal vs. formal inquiry
informal inquiry
ask friends, online reviews, observation
formal inquiry
systematic survey, focus groups, taste test
Rowland's framework for inquiry
context, research question (area of interest), methods, findings (are of interest), implications, all contained by beliefs, assumptions, values
qualitative research
research that relies on what is seen in field or naturalistic settings more than on statistical data; interview, focus groups, populations, experimental
quantitative research
research that collects and reports data primarily in numerical form; surveys, experiments, descriptive
generalizability
from sample to population; quantitative research
transferability
from one situation to a similar one; qualitative research
empirical
based on observation or experience
paradigm
something we know is true
objectivist/rationalist
reality is independent of the observer, isolate variables
subjectivist/naturalist
observer cannot be separated from reality, explore holistically
types of research
experiments, correlation, meta-analysis, descriptive, evaluation, action research
population
(in quantitative research), means all people who share the characteristics considered important in a study
sample
a subset/part of the population, represent the population
evaluation
gauging the extent to which the marketing objectives have been achieved during the specified time period; the making of a judgment about the amount, number, or value of something, assessment
proprietary research
research conducted by a company that is not shared with the public
peer reviewed/refereed research
research that meets rigorous review
characteristics of good research
requires evidence (data), systematic, minimize bias (objective), must be part of public record, generalizable/transferable
requires evidence (data)
empirical: observation, measurement
systematic
study is repeatable/replicable, trust measurements; claims can be tested
minimize bias (objective)
avoids introducing error; triangulation
must be part of public record
so others can repeat, challenge, find errors, correct
generalizable/transferable
extend to new situations; requires multiple studies
strategy
long terms goals, innovative idea, plan of action
key purpose of strategy
clarity about organizational goals
buy-in for change efforts
consistency of messaging
need for innovation
public demand for transparency
situation analysis
analyze past events, current conditions, future trends
SWOT analysis
strengths, weaknesses, (internal); opportunities, threats (external)
force field analysis
??? a technique for determining which forces drive a proposed change and which forces restrain it
strategic positioning
performing different activities from those of rivals, or the same activities in a different way; attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company
vision
?? what you want to accomplish, desired future position of company
mission
?? approach towards vision
levels of planning within an organization
???
planned strategy
the strategy the managers intend to implement
emergent strategy
unplanned responses to unforeseen circumstance
corporate level
CEO, Board of Directors, Corporate staff; the level in an organization where top management directs overall strategy for the entire organization
SBU (strategic business unit)
divisional managers and staff; a subgroup of a single business or collection of related businesses within the larger organization
functional levels
functional managers
little "s"
develop a plan to improve internal operations of the function