Strategic Marketing: Planning and Control, Third Edition

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134 Strategic Marketing: Planning and Control

interests of particular stakeholder groups according to the power and
influence the groups actually wield.
3 Business ethics: An ethical dimension also affects the mission and object-
ives that an organisation should fulfil. This mainly relates to the corpo-
ration’s social responsibility to stakeholder groups, in particular those
whose power and influence is marginal, such as a local community.
Although expectations of an individual’s ethical behaviour has a sig-
nificant influence, this ethical domain is subject to cultural attitudes
and beliefs.
4 Cultural context: The aspects of mission that are prioritised will reflect
the cultural environment that surrounds the corporation. This influ-
ence will occur at several levels: at a broad level wider national cul-
tures will be influential, individuals in functional areas will be
influenced by the culture of their professional reference groups, there
will also be internal sub-cultures operating at divisional or functional
level within the company.

Mission


Objectives


  • Whom should the
    organisation
    serve?

  • Accountability
    and regulatory
    framework


Corporate
governance • Whom does the
organisation serve?


  • Balance of power
    and influence of
    the various
    stakeholders


Stakeholders


  • Social
    responsibility

  • Expectation of
    individuals ethical
    behaviour


Business ethics • What aspects of
the mission are
prioritised?


  • Influence of the
    cultural
    environment


Cultural Context

Figure 7.1
Influences on an
organisation’s
mission and
objectives (Source:
Adapted from
Johnson and
Scholes, 1999)

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