Business Ethics and Social Responsibility

  • Citation: Marinova, Nevena. “Business Ethics and Social Responsibility.” Trakia Journal of Sciences 17, no. 1 (2019): 586–88.
    • Topics:
    • Business and Trade
    • Keywords:
    • approaches
    • principles
    • standards
    • society
    • utilitarianism
    • ethical formalism
    • advertising
    • communication process

There is still no universal approach to marketing ethics. However, it is an important factor in encouraging marketing decisions that are acceptable to the company as well as being beneficial to society. Social responsibility in marketing refers to the organization’s duty to maximize its positive influence and minimize the negative impact on society. Because if ethics refers to moral values that guide decision-making by individuals, social responsibility affects the influence of the organization’s decisions and society in general.

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