The AMA Code of Ethics Could Egyptian Marketing Professionals Agree on a List of Rules, Perhaps Similar to This? The IMI Journal. Members of the AMA are.

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Presentation transcript:

The AMA Code of Ethics Could Egyptian Marketing Professionals Agree on a List of Rules, Perhaps Similar to This? The IMI Journal. Members of the AMA are committed to Ethical Professional Conduct…

Marketers must accept responsibility for the consequences of their activities and make every effort to ensure that that their decisions, recommendations and actions function to identify, serve and satisfy all relevant publics: Customers, organizations, and society. Marketers must accept responsibility for the consequences of their activities and make every effort to ensure that that their decisions, recommendations and actions function to identify, serve and satisfy all relevant publics: Customers, organizations, and society. Responsibilities of the Marketer

Marketers’ Professional Conduct must be guided by: Marketers’ Professional Conduct must be guided by: –The basic rule of professional ethics: Not knowingly to do harm; –The adherence to all applicable laws and regulations; –The accurate representation of their education, training, and experience; and –The active support, practice, and promotion of this Code of Ethics. Responsibilities of the Marketer

Marketers shall uphold and advance the integrity, honor, and dignity of the marketing profession by: Marketers shall uphold and advance the integrity, honor, and dignity of the marketing profession by: –Being honest in serving customers, clients, employees, suppliers, distributors, and the public; –Not knowingly participating in conflict of interest without prior notice to all parties involved; and –Establishing equitable fee schedules including the payment or receipt of usual, customary and/or legal compensation for marketing exchanges. Honesty and Fairness

Participants in the marketing exchange process should be able to expect that: Participants in the marketing exchange process should be able to expect that: –Products and services offered are safe and fit for their intended uses; –Communications about offered products and services are not deceptive; –All parties intend to discharge their obligations, financial and otherwise, in good faith; and –Appropriate internal methods exist for equitable adjustment and/or redress of grievances concerning purchases. Rights and Duties of Parties in the Marketing Exchange Process

–Disclosure of all substantial risks associate with product or service usage; –Identification of any product component substitution that might materially change the product or impact on the buyer’s purchase decision; –Identification of extra cost-added features. In the Area of Product Development and Management

–Avoidance of false and misleading advertising; –Rejection of high-pressure manipulations, or misleading sales tactics; –Avoidance of sales promotions that use deception or manipulation. In the Area of Promotions

–Not manipulating the availability of a product for the purpose of exploitation; –Not using coercion in the marketing channel; –Not exerting undue influence over the reseller’s choice to handle a product. In the Area of Distribution

–Not engaging in price fixing; –Not practicing predatory pricing; disclosing the full price associated with any purchase. In the Area of Pricing

–Prohibiting selling or fundraising under the guise of conducting research; –Maintaining research integrity by avoiding misrepresentation and omission of pertinent research data; –Treating outside clients and suppliers fairly. In the Area of Marketing Research

–Marketers should be aware of how their behavior may influence or impact the behavior of others in organizational relationships. –They should not demand, encourage, or apply coercion to obtain unethical behavior in their relationships with others, such as employees, suppliers, or customers. Organizational Relationships

–Apply confidentiality and anonymity in professional relationships with regard to privileged information; –Meet their obligations and responsibilities in contracts and mutual agreements in a timely manner; –Avoid taking the work of others, in whole or in part, and representing this work as their own or directly benefiting from it without compensation or consent of the originator or owner; –Avoid manipulation to take advantage of situations to maximize personal welfare in a way that unfairly deprives or damages the organization of others. Organizational Relationships

–PRIVACY: Info collected from customers should be confidential and used only for expressed purposes. Data should be safeguarded against unauthorized access. –OWNERSHIP: Info obtained from Internet sources should be properly authorized and documented. –ACCESS: Marketers should treat access to accounts, passwords, and other info as confidential, and ONLY examine or disclose content when authorized by a responsible party. The integrity of others information systems should be respected with regard to placement of information, advertising or messages. AMA Code for MRKT on the Internet

Moral Judgment vs. Moral Awareness “Any AMA members found to be in violation of any provision of this Code of Ethics may have his or her Association membership suspended or revoked…”