Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Financial Management Expert

a) Social marketing is the use of normal marketing methods to achieve the benefits of social change, such as informing the public about the harm of under-age drinking, rather than for direct commercial gain.

Other examples include: promoting the use of anti-drug campaigns, contraceptives, protection of animals, encouragement of recycling, anti-smoking campaigns and the promotion of healthy eating.

b) The Singaporean government is probable to use social marketing tactics in order to control litter problems in its country. Educating people, more willingly than simply fining them, is likely to be more cost effective in the long term as it becomes part of the culture. The case study mentions the use of litter laws being educated and promoted in schools as a way to embed the desired culture from a young age. It is therefore expected that the government's success will depend heavily on aspects of social marketing. However, much of this will also rely on marketing tactics used to inform the general public about the punishments for littering.
Other considerations include:

• Action will only be assume if people believe that the benefits of doing so compensate the costs, i.e. the littering penalties must be adequate

• The government is more liable to succeed if its strategy is based on educating people to comprehend the social benefits and goals, rather than allowing their own perceptions to dictate personal action

• Education, not social marketing itself, has been used to establish a culture of cleanliness

• Success does not rely on social marketing itself; legislation (such as the Corrective Work Order and littering fines) is also used to achieve the government's objectives.

In conclusion, the combination of the use of social marketing and government control have clearly worked in ensuring that Singapore remains one of the cleanest countries in the world.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9556057

Have any Question?


Related Questions in Financial Management

Situationthe law affects the business environment and every

Situation The law affects the business environment and every single business and organization. These laws and regulations often come to light in current events as businesses find themselves represented in the press, eith ...

Hospitality financial management hfm assignment - cvp

Hospitality Financial Management (HFM) Assignment - CVP Analysis You are assisting management consider different cost and pricing strategies. Consider the following data and report to management your findings. 1. The coc ...

1 a explain what is meant by the term intermediation and

1. a. Explain what is meant by the term intermediation and identify and explain two types of intermediation provided by financial institutions. b. Give an example of a security issued by a financial institution and of a ...

Assignmentdirections answer the following questions on a

Assignment Directions: Answer the following questions on a separate document. Explain how you reached the answer, or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assig ...

Video balance sheet and income statement relationship

Video : Balance sheet and income statement relationship (khanacademy) After watching this video, explain the relationship between the balance sheet and income statement in your own words, assuming that you are talking to ...

Company x is an american manufacturing company getting

Company X is an American manufacturing company getting ready to start selling its products in Mexico. You are the manager of a team tasked with assessing the potential risks to the company as it gets ready to expand to a ...

Uit analyzing and managing inventorydeliverable length

Unit: Analyzing and Managing Inventory Deliverable Length: 8-10 PowerPoint slides with speaker notes Library Research Assignment After the last report, the owners of Stone Horse Supply Company, John and Michael, have con ...

Unit 3 dbthe president of eec recently called a meeting to

Unit 3 DB The President of EEC recently called a meeting to announce that one of the firm's largest suppliers of component parts has approached EEC about a possible purchase of the supplier. The President has requested t ...

International finance assignment- assignment informationthe

International Finance Assignment- Assignment Information The Economist publishes the Big Mac Index on a regular basis to provide an idea of the difference in purchasing power among different countries. In Australia CommS ...

Scenariobig data is everywhere and various businesses

Scenario Big Data is everywhere and various businesses around the world are driven by Big Data. However, while some businesses rely on Big Data for organizational decision making, this does not mean that the implications ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As