Is it ethical for l and l to use lances endorsement

Assignment Help Microeconomics
Reference no: EM131193012

Assignment

Your answer needs to be on 2 pgs (APA style) plus abstract page, 3 references needed.

Celebrity endorsement. L&L Advertising just signed a contract with movie star Lance Willard for celebrity endorsements of Bud's Best bacon. The president of the firm assigns the account to Annie, who soon learns the awkward fact that Lance has just become a vegetarian. The president assures her that all legal requirements for the endorsement are satisfied, but Annie is uneasy and consults the American Advertising Federation's Advertising Ethics and Principles. It states that "advertising containing testimonials shall be limited to those of competent witnesses who are reflecting a real and honest opinion or experience." When Annie interviews Lance, he assures her that Bud's Best has been his favorite brand of bacon since he was a kid. However, he learned during a recent medical checkup that his cholesterol is dangerously high, and his doctor advised him to avoid such high-cholesterol foods as bacon and eggs. He decided to avoid all meat, for good measure. Annie diplomatically asks Lance if he is comfortable endorsing bacon. Lance responds that his conscience is clean, because he will describe only the taste and quality of the product, which he genuinely believes are tops, and say nothing about whether bacons healthy. If consumers are going to eat bacon, they may as well eat the best. Besides, many persons can eat reasonable amount of bacon without adverse health effects. It is up to consumers to decide what kind of diet is right for them. Is it ethical for L&L to use Lance's endorsement? Is it ethical for Lance to give it?

Reference no: EM131193012

Questions Cloud

Speech to encourage emotional state : Prepare a draft speech to encourage their emotional state and to inform them that 20 more staff members will be hired to manage the rush hours in the airport.
Can one be scientist and be very religious : Can one be a scientist and be very religious? Why has there been a rift between science and religion historically and currently? Do you think this rift will ever change? What are some of the issues between science and religion? What do they agree upo..
Overruns indicate poor project management : If the aerospace and the defense industries have been using project management for more than 40 years, then why do we still have cost overruns, perhaps as much as 200 to 300 percent? Do these cost overruns indicate poor project management?
Determine the angle beta and gamma : two forces of magnitude 240N and 200N are acting at a point O. If the angle between the forces is 60°. determine the magnitude of the resultant forces.also determine the angle Beta and gamma.
Is it ethical for l and l to use lances endorsement : It is up to consumers to decide what kind of diet is right for them. Is it ethical for L&L to use Lance's endorsement? Is it ethical for Lance to give it?
Glass ceiling persists in organizations : Question 1: How might a leader's role and responsibility change as a company becomes more diverse? Explain. Question 2: Why do you think the glass ceiling persists in organizations?
Briefly trace the development and growth of the organisation : Briefly trace the development and growth of the organisation from its beginnings to the present through the application of corporate strategies - what types of strategies have these been
Develop a mission and values statement for a facility : Describe what types of health care this facility will provide. Summarize their purpose and services provided, such as the type of health care, number of staff, type of staff, size, departments, and so forth.
Describe the health care field in your own words : Write a 350- to 700-word email to your family member or friend in which you describe the health care field in your own words.

Reviews

Write a Review

Microeconomics Questions & Answers

  1 given the following information on the chinese balance of

1. given the following information on the chinese balance of payments in billions of u.s. dollars answer the questions

  If the price of the imported tv sets was 30000 in the usat

if the price of the imported tv sets was 300.00 in the us.at the beginning of the year how much would you expect the

  What is the initial consumer surplus in the market

What is the equilibrium price and quantity in the market and what is the initial consumer surplus in the market? the initial producer surplus?

  Please provide a comprehensive answer to the following two

please provide a comprehensive answer to the following two questions1 which were the main causes of the great

  During the countrys current economic malaise along with

during the countrys current economic malaise along with that of our local economy what can individuals and businesses

  Using the itt tech virtual library research information on

using the itt tech virtual library research information on companies that have engaged in monopoly behavior such as

  Present a real life example of price discrimination

Present a real life example of price discrimination - explain what price discrimination does to producer and consumer surplus?

  Dorfman-steiner relationship to calculate percentage of sale

Use the Dorfman-Steiner relationship to calculate what percentage of sales must be optimally spent on advertising for the Kindle Fire.

  Discussion on venture capital

In the hope of big returns, venture capitalists give funds to finance new firms. However, potential competitors and structures of market into which the new company enters are extremely important in realization of profits.

  Is there any additional information that would help you to

Is there any additional information that would help you to provide a definitive answer

  Derive the marginal criterion for profit maximization

Derive the marginal criterion for profit maximization for a farm business as a function of output. Explain each of the terms in the marginal criterion you have derived.

  Describe what is sepcial about falling chip price

What is price elasticity How does Moore's Law relate to this concept  What is sepcial about falling chip price What is the advantage of using grid computing to simulate an automobile crash test as opposed to actually stag

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd