CHAPTER 6 Community, Consumerism, and the Media PowerPoint Presentation Design by Charlie Cook © 2014 Routledge, Inc., Taylor and Francis Group. All rights reserved. © Routledge Learning Outcomes After studying this chapter, you should be able to: 1. Define community and briefly explain the business–community interrelationship 2. Discuss community relations and community involvement programs 3. Explain differences between customers, consumers, and consumerism 4. Characterize each of the five consumer rights 5. State what the federal consumer protection regulatory agency acronyms CFPB, CPSC, FTC, FDA, NHTSA, and SEC stand for, and discuss their regulatory responsibilities 6. Compare and contrast various types of warranties 7. Describe what makes a story newsworthy, including its coverage and treatment 8. Define key terms in the chapter © Routledge Business–Community Interrelationship © Routledge Business Community Economic development Products and services Employment and jobs Careers and training Taxes Philanthropy Infrastructure Transportation Public safety Health care Education Employees Customers Figure 6.1 Eli Lilly and Company and Its Corporate Social Responsibility to Community At Lilly, we’re committed to being a leader in corporate responsibility, which includes being an active participant in the communities we serve. We have a robust history of community involvement and believe we can make an impact that extends far beyond the medicines we make. Many of our donations—including those provided through the Eli Lilly and Company Foundation—focus on improving access to medicines and quality health care for millions of people around the globe. © Copyright Eli Lilly and Company. All Rights Reserved. Used with Permission. © Routledge Community Relations as Public Relations Community Involvement Programs Volunteer programs © Routledge Philanthropic resource (inkind) giving Philanthropic cash giving Collaborative partnerships Figure 6.2 Standards of Excellence in Corporate Community Involvement 1. Leadership. Top managers demonstrate support, commitment, and participation in community involvement programs. 2. Issues Management. Managers engage in issues management (Chapter 2) to identify and monitor issues important to the firm’s operations and corporate reputation. 3. Relationship Building. Managers build and maintain trust relationships with the community as part of the firm’s operations and strategy. 4. Strategy. Managers develop and implement a strategic plan for community involvement on issues of mutual benefit to the firm and the community. 5. Accountability. Managers at all levels have specific roles and responsibilities for community involvement. 6. Infrastructure. Managers incorporate systems and policies for supporting, communicating, and instigating community involvement. 7. Measurement. Managers monitor and evaluate community involvement programs and their effect on the firm and the community. © Routledge Consumerism • Customers buy products from business. • Consumers use business products. • Consumerism The organized collective efforts to safeguard all consumers by promoting their rights and power. © Routledge Consumer Rights The right to safety The right to be informed The right to be heard © Routledge The right to choose The right to privacy Figure 6.3 Major Federal Consumer Protection Agencies Consumer Financial Protection Bureau (CFPB) Food and Drug Administration (FDA) Consumer Product Safety Commission (CPSC) National Highway Traffic Safety Administration (NHTSA) Federal Trade Commission Securities and Exchange Commission (SEC) © Routledge Warranties Types of Warranties Express © Routledge Implied Full or limited Extended Service and shipping Product Liability Litigation • Product liability litigation The process of a consumer filing a lawsuit against a firm seeking compensation for harm resulting from defective products or business actions. • Negligence An unintentional failure to act as a reasonable prudent person exercising ordinary care. • Class action lawsuit The joining of plaintiffs into a group to litigate a case against a business, agreeing to one common judgment or settlement. © Routledge Strict and Absolute Liability • Strict liability The plaintiff (injured party) does not have to prove negligence when the activity or product is inherently dangerous. • Absolute liability Strict liability is extended to the unknown for problems and hazards arising from the product or activity. © Routledge The Cost of Product Liability and Reform Place the burden of proving liability on consumers—eliminate absolute liability Adopt uniform federal liability standards Limit punitive damages Reforming product liability © Routledge The Nature of the Media The Media Industry Broadcasting technology © Routledge Broadcasting content Delivering services The Influence of Media on Society Roles for Media To provide news and information © Routledge To shape attitudes and values To develop nonmarket issue agendas The News Media Public interest Interesting people © Routledge Newsworthy coverage Immediate or urgent Controversy or conflict Social significance Easily told Treatment of Newsworthy Stories Types of treatment of stories Factual stories © Routledge Interpretation stories Implication stories Advocacy stories Business Nonmarket and Market Strategies and Ethics • Media Relations Guidelines Reality (assume everything stated is on the record) Tell the truth plainly, admit mistakes Tailor advocacy message to audience Adopt a society-benefits strategy Summarize key points of business side of the issue Elaborate positively on key points of the issue Follow the three As of the crisis management plan by acknowledging crisis, stating actions taken, and how future crisis will be avoided © Routledge Societal Consumer Strategies American Society for Quality (ASQ) Consumer Affairs Department Total Quality Management (TQM) Six Sigma Quality © Routledge Customer Relations Management (CRM) International Organization for Standards (ISO) Ethics and Codes of Conduct Key Terms advocacy advertisements customers collaborative partnerships express warranty community implied warranty community involvement newsworthy stories community involvement programs product liability community relations product liability litigation consumer rights strict liability consumerism warranty consumers © Routledge