Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In his book [Examples of Legal But Unethical Situations in Business], David Ingram discusses unethical marketing practices. Marketing strategies can straddle the line between persuasion

In his book [Examples of Legal But Unethical Situations in Business], David Ingram discusses unethical marketing practices.

Marketing strategies can straddle the line between persuasion and manipulation, and this is yet another area where subjective ethics play a significant role. Some marketing strategies can take advantage of uneducated segments of the population, which is perfectly legal while being scorned by the general public. Before the Credit Card Act of 2009, for example, banks could entice teenagers to open credit accounts by promising financial freedom, regardless of their ability to repay high-interest debts.

Other methods exploit harmful addictions by eliciting emotional responses. In a world where people can ruin their lives with a gambling addiction, casino commercials showing elated winners throwing money into the air are a prime example. Other strategies can take advantage of people in need by luring them into predatory services like high-cost loans that compound daily interest.

Give at least **two different examples of your own** that exemplify unethical marketing practices (you can find cases on the Internet). Explain why each case was unethical and give examples.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Legal Environment Of Business Online Commerce Ethics And Global Issues

Authors: Henry R. Cheeseman

8th Edition

013397331X, 978-0133973310

More Books

Students also viewed these Law questions

Question

Describe the essence of backflush costing.

Answered: 1 week ago