What is the major difference between social responsibility and marketing ethics?
A) Marketing ethics varies by industry whereas social responsibility involves universal rules of conduct.
B) There is legislation that deals with marketing ethics, but none for socially responsible practices.
C) Marketing ethics is concerned with organizational practices, and social responsibility is concerned with individual behavior.
D) There is no difference; they are synonymous terms.
E) Social responsibility deals with the total effect of marketing decisions on society, whereas marketing ethics relates to individual and group evaluations in marketing situations.

Question

Quizplus · Accepted Answer

Social responsibility refers to the broader impact of marketing decisions on society, while marketing ethics refers to the principles and standards that guide individual and group behavior in marketing situations. Social responsibility involves considering the environmental, social, and economic impacts of marketing decisions, while marketing ethics involves ensuring that marketing practices are fair, honest, and transparent. While related, these two concepts address different aspects of marketing and require different approaches to ensure ethical and responsible decision making.

What Is the Major Difference Between Social Responsibility and Marketing