Would knowing that a product was produced under ethically questionable condition affect your decision to purchase it?

The decision to purchase a product based on the information of ethical production depends upon the type of product and the ethical issue. Further, if production is under some unethical practices like child labor involvement, or unhygienic conditions, this will affect the purchase decision.

Do corporate ethics affect consumer purchase decisions?

Actions such as these have been taken by many firms, in part, because of the increasing recognition that many, if not most, business decisions involve some ethical judgment. Consider the following dilemmas.

What is ethically questionable?

Ethically questionable marketing tactics target young or unsophisticated consumers with misleading messages. Advertising claims that are partly true or ring true encourage consumers to buy harmful products and engage in behavior that is not in their own interest.

Do ethics matter to consumers?

So the big question is: do customers really care about small business ethics? A survey conducted by reporters for the Wall Street Journal suggests that yes, ethics do matter. Their research suggests that consumers willing to pay a marginally higher price for goods that are ethically produced than unethically produced.

What are ethical products?

What are Ethical Products? Ethical consumerism is the term given to the practice of purchasing products based on their minimal harmful impact to society. It means that when you buy or manufacture products, you are considering at all times how you can reduce harm to the environment and people.

What makes products ethical?

Ethical brand definition: A brand that represents a company, organization or person whose products, services and activities are: 1) morally correct. 2) do not harm people, animals and the environment. 3) contribute to society and public good in a responsible, positive, and sustainable way.

How does ethical marketing influence your purchasing decisions?

A higher level of respect for brand and products. Increased trust of your products and marketing messages. Better, more favorable public image of your brand and services. A more positive attitude regarding your company’s activities.

What ethical issues affect consumers?

The two ethical issues created by unfair competition that mainly affect consumers and society are the unfair distribution of goods among people and the introduction of various legal consequences, which might lead to the removal of some firms from the market. Unfair distribution of goods occurs due to higher prices.

How do you get the questionable ethics achievement?

The Ethically Questionable achievement comprises of the following actions and occur during the ‘Questionably Ethical’ chapter;

1. Killing an alien grunt with poisonous gas.
2. Using the tesla discharge on the bullsquid.
3. Using poisonous gas on the headcrabs in their habitat.
4. Shooting the headcrabs with a laser.

How do you know if a decision is ethical?

Good decisions are both ethical and effective:

1. Ethical decisions generate and sustain trust; demonstrate respect, responsibility, fairness and caring; and are consistent with good citizenship.
2. Effective decisions are effective if they accomplish what we want accomplished and if they advance our purposes.

What are ethics in purchasing?

Ethics are a set of moral principles that deem a person’s behavior as appropriate and fair. In terms of business or I would say procurement, an ethical procurement professional is a person who: practices his profession with transparency & impartiality and does not indulge in unfair activities.

Why is ethical buying important?

Consuming ethically can help improve conditions for animals in a number of ways. For example to sell their products overseas many cosmetics companies still test on animals, by buying from brands that refuse to test on animals you can be sure that no animals are harmed in the production of your cosmetics.

Should Apple continue to work with suppliers with unethical practices?

Explain your reasoning.  Apple should not continue with such suppliers since the company has a moral responsibility towards the society. If the suppliers are engaged in unethical practices Apple should refuse to work with them thereby impacting their business in a big way. Once that happens the suppliers will

What are Apple’s suppliers required to do?

Apple’s suppliers are required to provide safe working conditions, treat workers with dignity and respect, act fairly and ethically, and use environmentally responsible practices wherever they make products or perform services for Apple. End of preview. Want to read all 3 pages?

Is Apple’s profit margin a good indicator of Business Ethics?

Despite its consistent financial performance year over year, Apple’s robust profit margin hides a more complicated set of business ethics. Similar to many products sold in the U.S., Apple does not manufacture most its goods domestically.

How does Apple justify its sourcing practices?

The company justifies its sourcing practices by saying that it is a complex process, with tens of thousands of miners selling tin, many of them through middle-men. In a statement to the BBC, Apple said “the simplest course of action would be for Apple to unilaterally refuse any tin from Indonesian mines.