Cultural Norms‚ Fair & Lovely‚ and Advertising. Christopher A. Osuoha July 2‚ 2012 MKTG 5330 International Marketing Instructor Dr. Gilbert J. Werema Associate Professor of Marketing Wayland Baptist University Table of Content 1.0 Introduction 2.0 Questions & Analysis 2.1 Is it ethical to sell products that are mildly effective? 2.2 Is it ethical to exploit cultural norms and value to promote a product? 2.3 Is the advertisement of Fair & Lovely demeaning to
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There is no doubt that Fair and Lovely is “doing well” financially according to the author. Controlling 50% - 70% share of the skin whitening market in India‚ with two closest competitors sharing 16% of the market. The second fastest growing brand out of 63 brands in HLL’s portfolio with a growth rate of 21.5% per year as of 2002 in a market valued at over $200 million in 2006. Ankita Rao equally acknowledged financial benefits in the skin whitening market when she said “the market-which is set to
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diverse market such as the UAE‚ patterns arise in the key demographics who buy products such as Fair and Lovely. In the case of Fair and Lovely‚ we find that the Sub continental female demographic are the most likely to buy the product as being fair is considered to be a sign of success and good health in that culture. In the same way that it is important in the Sub continental demographic‚ importance in the use of fair and Lovely can be seen to diminish in the Arabian and European demographics‚ as those
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Project Background A friend works with HUL and in one of our conversations there was a casual reference that Fair & Lovely (F&L) as a brand is so huge for HUL‚ that it covers the entire salary cost of the company. We were intrigued by this fact. We checked the HUL annual report and collected some primary data and were surprised to see this was partially true. Employee Benefits Expenses for 2010-11 was Rs. 961.26 Cr and for 2011-12 was 1107.28 Cr. Market share of F&L is on an average
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Design Science in Information Systems Research Alan R. Hevner Information Systems and Decision Sciences College of Business Administration University of South Florida 4202 E. Fowler Avenue‚ CIS1040 Tampa‚ FL 33620 Phone: (813) 974-6753 Fax: (813) 974-6749 Email: ahevner@coba.usf.edu Salvatore T. March Owen Graduate School of Management Vanderbilt University Nashville‚ TN 37203 Phone: (615) 322-7043 Fax: (615) 3437177 Email: Sal.March@owen.vanderbilt.edu Jinsoo Park College of Business Administration
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topic. Ethical Consumer and Fair Trade Introduction: Social responsibility and marketing ethics are natively controversial ‚ continues research in this area represents conflicts and challenges addressed to marketers in respect to socially responsible approach to marketing activities(Laczniak and Murphy‚ 1993; Smith and Quelch‚ 1996).The aim of the essay is to explain arising phenomenon of Ethical consumption by the use of related theoretical frameworks‚ as well as explaining Fair Trade and
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evolution of modern business‚ leaders have strived to be effective and profitable. However‚ due to unprecedented business scandals throughout the past decade‚ strict adherence to the principles of business ethics has become more prominent and expansive than ever before. In light of scandalous and unethical business practices‚ as exuded by Enron and WorldCom for example‚ business leaders and governing agencies realize the importance of ethical behavior. Although there is not a clear cut or standard
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LOVELY PROFESSIONAL UNIVERSITY HOME WORK NO. 1 Lovely School of Commerce & Economics Department of Management Name of the faculty member Rajni Kant Rajhans Course No: COM359 Course Title Financial Statement Analysis Class: B.Com Term: Spring Section: Q4108 Batch: 2011-14 Max. Marks 30 Date of Allotment: 25-Jan-13 Date of Submission: 11- Feb-2013 |S. No |Roll No |Objectives of |Topic
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A guide to effective product design One of the outputs of the Good Design Practice program is a booklet entitled A Guide to Effective Product Design . This gives background information on a number of topics related to product design and development‚ describes some essential tools and techniques‚ and provides suggestions for further reading. Topics covered include: • What is good design? • How do we take advantage of good design? • How do we choose the right projects? • How important
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NPD – Report Part 2 Table of Contents 1. 2. Summary - Part 1 .................................................................................................................................. 3 Idea screening ....................................................................................................................................... 4 2.1 Methods of Idea Screening ................................................................................................................. 4 2.2
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