What is simply offensive and what is humour, Financial Management

Assignment Help:

a) Ethics can be a rather prejudiced matter; whether it is ethical to market products directly at children depends on several factors:

  • The age of the children being targeted (younger children are more susceptible so it may be considered less ethical if marketing is directed at them)
  • People's perceptions of what is wrong or right
  • The type of product(s) being marketed at children - e.g. educational toys. and textbooks or mobile phones and fast food?
  • The type of marketing/selling techniques being used - e.g. hard-selling and bait-and-switch aimed at children would probably be considered unethical by most people

Arguments beside marketing products directly at children:

  • Are children able to sort out so much advertising clutter?
  • Social and Peer pressures to conform
  • Children (especially the very young) are vulnerable and are easily manipulated / influenced by what they see and hear
  • Pester power techniques can be a source of tension between family members

Other issues:

  • Award up to 2 marks for suitable definition of Pester Power. Directly targeting children would be considered immoral if marketing techniques take advantage of parents and/ or their children
  • Marketing at children does not have to be offensive, aggressive, unethical or distasteful
  • Children today tend to have more power and autonomy in decision making
  • The bottom line - parents have the conclude say and, in theory, should be able to make rational decisions in the best interest of their children

b) The likely outcomes are likely to be either negative or positive:

Negative outcomes

Positive outcomes

  • Punishments for breaking consumer protection laws

 

  • Reverse psychology to attract people to buy (Yorkie bar example in the case study)

 

  • Upsetting the general public (e.g. Thierry & Guy's Fat Bastard brand of wines)

 

  • Viral marketing / Word of mouth (e.g. the rebranding of FCUK worked well for the organisation)

 

  • Damaging the corporate brand image (which could be irrevocable)

 

  • Brand awareness - shock tactics can bring publicity and draw attention to a firm and/or its products

 

  • Boycotting of a firm that causes offense to the public

 

  • Can be memorable and humorous even if (slightly) offensive

 

Issues to consider could include the following:

  • What is simply offensive and what is humour?
  • Overly offensive adverts are likely to be banned and this therefore could represent unproductive use of money to the business
  • Knowledge of shock strategy often spread fast, e.g. viral marketing on the internet
  • Award marks for suitable use of real world examples

Whether the outcome is likely to be negative or positive is not always clear. Shock tactics are often a gamble and therefore represent a risky strategy due to their random outcome.


Related Discussions:- What is simply offensive and what is humour

Equity claims and debt instruments in financial securities, What is the dif...

What is the different between equity claims and debt instruments in financial securities? By getting conclusion about equity claims and debt instruments, that equity claims are

International commercial terms or inco terms, I NC O terms You learnt...

I NC O terms You learnt that specifications, delivery period and destination are all dependent  factors   on  a   particular   project.  Let   us  know  about   the internati

Operating cycle, discuss the applicability of operating cycle in poultry in...

discuss the applicability of operating cycle in poultry industry[consider broilers]

Commercial paper, What is Commercial Paper? Please provide me report on Est...

What is Commercial Paper? Please provide me report on Estimation of Commercial Paper. It is about 2000 words count report on topic Commercial Paper.

Explain the cash flow of the volatility, 1. Let's look at the cash flow of ...

1. Let's look at the cash flow of the volatility (variance) spread swap: - ( σ 2 Nasdaq - σ 2 S & P 500 ) N 2 It is noticeable from this expression that investor

Decentralization, Decentralization This is a company power structure i...

Decentralization This is a company power structure in which authority and decision-making responsibility are diffused throughout various stages of an organization. Decentraliz

What is usual approach of capital structure, Q. What is usual Approach of c...

Q. What is usual Approach of capital Structure? Ans. Traditional Approach: - The traditional approach establishes middle among the Net Income approach and the Net Operating Inc

WACC, Saven Travel Corporation is considering several investment opportunit...

Saven Travel Corporation is considering several investment opportunities in order to diversify its operations. Mr. Saven, president, is trying to determine the firm''''s cost of ca

Case let 2, how would you judge the potential profit of Bajaj Electronics o...

how would you judge the potential profit of Bajaj Electronics on the first year of sales to booth plastice and give your views to to increase the profit

Secondary market organise exchanges-over the counter markets, How can secon...

How can secondary market organised the exchanges and over the counter markets? Exchanges and over-the-counter (OTC) markets: Secondary markets can be organised by exchanges

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd