ADVERTISING: Social, Ethical and Economic Aspects - PowerPoint PPT Presentation

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ADVERTISING: Social, Ethical and Economic Aspects

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1. ADVERTISING: Social, Ethical and. Economic Aspects. 2. DEONTOLOGY - Gk. deon - obligation ... The greatest good for the greatest number. Cost - Benefit analysis ... – PowerPoint PPT presentation

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Title: ADVERTISING: Social, Ethical and Economic Aspects


1
ADVERTISINGSocial, Ethical and Economic Aspects
2
Ethical Perspectives
  • DEONTOLOGY - Gk. deon - obligation
  • Focus is on the means
  • Kants categorical imperative
  • Do unto others
  • equity, justice, fairness
  • Clark Catholicism and Judaism
  • Concern about the least able

3
Ethical Perspectives
  • TELEOLOGY -- Gk. telos - end
  • Focus is on the ends
  • Utilitarianism
  • The greatest good for the greatest number
  • Cost - Benefit analysis
  • individualism, pursuit of profit, hard work
  • Clark The Protestant Ethic
  • Caveat emptor

4
Ethical Perspectives
  • Lets use two distinct names for ethical
  • MORAL
  • the means are good
  • OR
  • JUSTIFIABLE
  • the ends justify the means

5
Advertising Effects
  • INFORMATION
  • Advertising INFORMS consumers
  • Does not change the way they value those
    attributes.
  • POWER
  • Advertising CHANGES consumer preferences.
  • It changes product attributes,
  • differentiates the product from competitive
    offerings.

6
Leo Burnett
  • To me it means that if we believe to any degree
    whatsoever in the economic system under which we
    live,
  • in a high standard of living and in high
    employment,
  • advertising is the most efficient known way of
    moving goods in practically every product class.

7
Leo Burnett
  • My proof is that millions of businessmen have
    chosen advertising over and over again in the
    operations of their business.
  • Some of their decisions may have been wrong, but
    they must have thought they were right or they
    wouldnt go back to be stung twice by the same
    kind of bee.

8
Leo Burnett
  • Its a pretty safe bet that in the next 10 years
    many Americans will be using products and devices
    that no one in this room has even heard of.
  • Judging purely by past performance, American
    advertising can be relied on to make them known
    and accepted overnight at the lowest possible
    prices.

9
Leo Burnett
  • Advertising, of course, makes possible our
    unparalleled variety of magazines, newspapers,
    business publications, and radio and television
    stations.

10
Leo Burnett
  • It must be said that without advertising we
    would have a far different nation,
  • and one that would be much the poorer-not merely
    in material commodities, but in the life of the
    spirit.

Excerpts from a speech given April 20,1967 at
the American Association of Advertising Agencies
50th anniversary
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