The Case of Phillip Morris Becoming Respectable.

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The Case of Phillip Morris Becoming Respectable

Transcript of The Case of Phillip Morris Becoming Respectable.

Page 1: The Case of Phillip Morris Becoming Respectable.

The Case of Phillip MorrisBecoming Respectable

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Phillip Morris attempting to

leverage its non-tobacco

credentials to make itself

look socially responsible

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Should Phillip Morris be banned from advertising its other products?

NO

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Migration Path Encouraged By Taxation and Tobacco Regulation

1950s Now

Tobacco Socially Acceptable

Not acceptable

Phillip Morris

More to other products

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Ban Will Thwart The Migration Path

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No Ban

Utilitarianism result (greater good for all)

Facilitates Kantian approach (companies fullfilling their rational duties)

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Marketing too sophisticated for complete regulatory control

Marketing techniques move faster than

Regulation – British American Racing (F1 Team)

E.G. Viral Marketing

Regulation is not the answer… government

and community must demand ethical companies

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Marketing too sophisticated for complete regulatory control

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Ethical Duties of the Marketer to the Phillip Morris Customer

• Tobacco is an adult product based on adult choice

• Duty to inform where it can reasonably expect the consumer would not know the consumption costs (cancer).

• Duty to market only to adults, not children

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Code of Ethics?

• Arrow contends: : “Codes are not a universal substitute for… taxes regulations and legal remedies”.

• Game theory says the short-term opportunist may cheat

• We say: Codes of Ethics are too rigid to keep up with fluid and evolving community standards

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Green Marketing

• Promotion of products / services on the basis that they do not harm, or are beneficial to the environment

• E.g. Dolphin friendly tuna, unbleached toilet paper, chemical free cleaners.

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Green Marketing Can Work

• Where there is more than one players

• Where green credential is obvious and people choose on this basis

• Can help “raise the bar”

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Green Marketing May Not Work

• Where comparisons are difficult as products are not co-located (e.g coffee shop)

• Where there is no-one to check the claims … who knows if Jo’s coffee bar is really rehabilitating the rainforest area where the coffee is grown?

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