Ethical Considerations

The purpose of this assignment is to help students think through the importance of social, legal, and ethical issues that may arise with their product or service and the implications of decisions made within those frameworks. It is designed to help the learners understand ethical and legal issues related to marketing practices. This knowledge helps to prevent such issues when developing the marketing strategies in their marketing plan. The executive overview of the marketing plan is not a summary and conclusion, but an overview of what the plan entails and what it does not address.

Assignment Steps/Format

Note: the Social, Ethical, and Legal Implications assignment is part of the total marketing plan as outlined in the grading guide. It is not a separate paper. Producing and marketing a product without regard to ethical, legal, and social considerations is detrimental to the overall success of any company.

WEEK SIX ASSIGNMENT FORMAT

The selected company is the Week One researched Company; the product/service was selected in Week Two.

A Very Important Clarification on the Week Six Individual Assignment.

Do not copy and paste from prior weeks your entire papers, only copy and paste what is being asked in the week six topic assignment.

Also, for each stated topic, please address your domestic market choice and your one country foreign market choice.

Please, see below:

WEEK SIX ASSIGNMENT FORMAT

The selected company is the Week One researched Company; the product/service were selected in Week Two.

1 – Introduction (Domestic and Foreign in separate sub-headings)

Describe separately in sub-titled sections:

a – the company,

b – the product,

c – and the elements you will be addressing in your plan,

2 – Incorporate Executive Summary (Week 6)

After researching the components typically included in an Executive Summary, provide such elements. Using numbers, include:

1. Strategic Objectives (Domestic and Foreign in separate sub-headings)
2. Products or Services (Domestic and Foreign in separate sub-headings)
3. Resources Needed (Domestic and Foreign in separate sub-headings)
4. Projected Outcomes (3 years) (Domestic and Foreign in separate sub-headings)

3 – Incorporate Understanding Target Markets (Week 2)

Describe separately in sub-titled sections:

a – Select a geographical area,

b – provide a customer demographic profile (Domestic and Foreign in separate sub-headings)

c – provide the quantitative demographics for the geographical area (Domestic and Foreign in separate sub-headings)

d – compute the area market potential for the selected target market (Domestic and Foreign in separate sub-headings)

4 – Incorporate Promotion and the Product Life Cycle (Week 3)

Describe separately in sub-titled sections:

Here you discuss how Promotion Strategies change in each one of the five stages – (Domestic and Foreign in separate sub-headings)

a -Introduction,

b – Growth,

c – Maturity, ‘

d – Decline,

e – Termination)

of the PLC

5 – Incorporate Price and Channel Strategy (Week 4)

Describe separately in sub-titled sections:

Here you provide your Distribution Plan for

a – your product/service,(Domestic and Foreign in separate sub-headings)

b – your selected channels (be specific) – (Domestic and Foreign in separate sub-headings)

c – and the pricing (use ‘numbers’) schedules for the selected channels. – (Domestic and Foreign in separate sub-headings)

6 – Incorporate Marketing Communication and Brand Strategy (Week 5)

Describe separately in sub-titled sections:

Here you describe

a – the message you would use to start your brand and (Domestic and Foreign in separate sub-headings)

b – to then maintain your brand, (Domestic and Foreign in separate sub-headings)

c – and describe the 6 marketing elements strategies to build and maintain your product/service brand. (Domestic and Foreign in separate sub-headings)

7 – Legal, Social and Ethical Considerations (Week 6)

Describe separately in sub-titled sections:

Here you enter:

a – legal, (Domestic and Foreign in separate sub-headings)

b – social (Domestic and Foreign in separate sub-headings)

c – and ethical issues related to the marketing of your product and service. (Domestic and Foreign in separate sub-headings)

8 – Develop a process to monitor and control marketing performance (Week 6)

Describe separately in sub-titled sections:

Use specific numbers or

a – expected number ranges and (Domestic and Foreign in separate sub-headings)

b – describe how you would monitor your marketing implementation. (Domestic and Foreign in separate sub-headings)

9 – Conclusion

Here you conclude your plans.

Please, make sure that your paper contains 9 Titled and numbered Sections to reflect the assignment titles and numbers as they are listed above.

Cite a minimum of three peer-reviewed references.

Include all peer-reviewed references from the previous weeks’ individual assignments in your marketing plan.

Format your assignment consistent with APA guidelines.