A systems approach for socially responsible capitalism abstract although the concept of corporate social responsibility csr has been advocated for decades and is commonly employed by corporations globally, agreement on. Impact of social media marketing, price promotion, and. Corporate social responsibility is one of the internal marketing aspects that must be oriented to the organization employees. More firms are coming to the belief that corporate social. But there is increasing pressure to dress up csr as a business discipline. Firms that innovate solutions and values in a socially responsible way are the most likely to succeed. Marketing is criticized as people feel deficient and incomplete in either selfesteem or possession and they feel compelled to cover this gap by unnecessary spending. Laws ethical rules and guidelines become are codified into law. A tradeoff may exist between economic development, in the material sense. Moreover, involving marketing in consumer research and analysis enables that department to coordinate how a corporate responsibility program is. The strategic decisions of large companies involve social as well as economic consequences, which are intimately connected. The pro posed framework suggests that marketers can contribute to the successful management of csr by expanding their focus beyond consumers to include. Social responsibility in marketing corporate social responsibility.
Pdf purpose the main goal of this paper is to provide an integrative understanding of corporate social responsibility csr from a corporate. Most organizations can be placed somewhere in between. Corporate social responsibility as a marketing strategy for. Corporate responsibility or sustainability is therefore a prominent feature of the business and society. The iso strategic advisory group on social responsibility sag recognizes that there is no single authoritative definition of. Corporate social responsibility and sustainable business. Socially responsible marketing college of the holy cross. Another brandingrelated benefit of csr is the sense of community it creates. Social responsibility is a means of achieving sustainability.
Ethics moral principles or values that generally govern the conduct of an individual or a group 2. Corporate social responsibility business essays essay. The idea of socially responsible marketing is sometimes viewed as an extension of the concept of corporate social responsibility csr. Corporate social responsibility csr is without doubt a key feature of national and global corporate citizenship in a much more competitive marketplace where the need to be responsive to needs of the society is even much more pronounced with the growing demand for environmental protection as a result of continued human despoliation of the. This paper will also discuss the importance of social responsibility and how a company can attain sustainability in social responsibility.
Social responsibility has become indispensable mintzberg, 1983. Within the marketing literature, much fragmentation can be observed in terms of the unit of analysis considered and the dimensions of social responsibility investigated. Adopting key social responsibility principles, such as accountability and transparency, can help ensure the longterm viability and success of any organization or system. It means acting responsibly toward the stakeholdersnot just the shareholderswho have a legitimate interest in the business. The data were collected using a survey instrument from 293 customers of. First, when there is a difference between the needs of the company, the industry, and society. Ethical conflicts in marketing arise due to two reasons.
In a single blog post weve covered socially responsible marketing from companies that sell designer apparel, coffee, camping gear, water bottles, and more. Philip kotler proposed the following definition for corporate social responsibility. Social responsibility obligations interact with a number of other concepts, including taxation, transfer pricing, competition, transfer of technology, employment, environment, illicit payments and transparency. Moreover, involving marketing in consumer research and analysis enables that department to coordinate how a corporate responsibility program is presented to those it wishes to influence. Corporate social responsibility csr is a buzzword worldwide. In 2010, the international organization for standardization iso published an international standard, iso 26000. By one definition, corporate social responsibility is an ethical management concept where companies aim to integrate social, economic and environmental concerns along with the consideration of human rights into their business operations. Strategic corporate social responsibility management for.
Social responsibility is an ethical framework and suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. Corporate social responsibilty csr and ethical issues in marketing 299 society. Corporate social responsibilty csr and ethical issues in. Social responsibility of a business refers to the obligations to take those decisions and perform those actions which are desirable in terms of the objectives and values of society. Porter and kramer 2006 discuss the existence of the interdependence between corporations and society. Though the pursuit of social responsibility and ethical marketing does not automatically translate into increased profit, it is still the responsibility of the firm to ensure it is responsible for its actions and their impact on society. Marketing ethics me and corporate social responsibility csr are related concepts that often cause definitional confusion among academ. Values and ethics must be imbibed into the company. When marketing scholars started expressing concern for corporate social responsibilities in the 1960s and 1970s. Social responsibility marketing works for any sector. Corporate social responsibility and marketing when you study marketing you learn about some companies that also have goals to ensure that they adopt a corporate social responsibility position. Implementing corporate social responsibility 18 task 1.
Social responsibility in marketing refers to the obligations of the organization to maximize its positive impact and minimize its negative impact on society. Businesses and people face some constraints on what can ethically be done to make money or to pursue other goals. Request pdf marketing social responsibility this paper analyzes the optimal strategy of a profitmaximizing firm in response to social responsibility concerns of consumers. Fraud and deception are not only morally wrong but also inhibit the efficient functioning of the economy. We can not discuss the concept of csr without taking into consideration the environment, the ethical aspects of consumer communication, the implication in. The relationship between marketing ethics and corporate social. Social responsibility in marketing free download as word doc. Why is social responsibility important in marketing. This article is designed to examine the effects of social media marketing, price promotion, and corporate social responsibility on customer satisfaction in the fastfood industry. These types of companies focus on both the short term and long term effects of their marketing process and seek to have corporate social responsibility. Because if ethics refers to moral values that guide the process of decision making of individuals, the social responsibility. Corporate social responsibility and marketing daniels fund ethics. Explain the impact of social responsibility on marketing results youll recall that we defined corporate social responsibility as the ethical behavior of a company toward society.
Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development by working with employees, their families, the local community and society at large to improve their lives in ways that are good for business and. Youtube, youtube channel, video marketing, youtuber, igtv, erika vieira, video, instagram overeaters anonymous electratone guitar effects hatecast clint taylor how to fix the music business frankos podcast. Pdf determinants of socially responsible marketing decisions. Formal and informal groups businesses, professional organizations, clubs, and professional associations all have codes of conduct. This definition is particularly relevant because it touches on just how farreaching a csr program can be. As such, social responsibility provisions interact with a great number of other issues to. Csr is promoted as a business model to help companies selfregulate, recognizing that their activities impact an assortment of. Perceptions and definitions of social responsibility. A business enterprise is an important part of the society and it should do its operations and earn money in ways that satisfy the expectations of the society.
You dont need to be a dogood company to find ways to be charitable. All these groups have different needs and wants, therefore the ethical conflicts are likely to take place. You dont need to be a fortune 500 company to start giving back to society and benefiting from the marketing and branding boons a good corporate social responsibly strategy can provide. Stakeholders require a lot more from companies than merely pursuing growth. Social responsibility in marketing most marketing organizations do not intentionally work in isolation from the rest of society. An overview of corporate social responsibility 4 what is the business case for csr. Creel points to how lowes donates materials and provides volunteer hours to habitat for humanity, which allows the company to form connections in local communities. Social responsibility in marketing can drive consumers toward products and services, enhancing a companys brand as well as benefiting others. Raising the level of socially responsible marketing calls for making a threepronged attack that relies on proper legal, ethical, and social responsibility behavior.
944 368 1268 299 462 1168 600 461 534 447 1354 1290 200 749 499 1503 376 43 1291 1155 309 135 402 905 737 227 1064 909 400 340 531 681 196 677 126