Thursday, February 27, 2020

Unethical advertising Essay Example | Topics and Well Written Essays - 2000 words

Unethical advertising - Essay Example This essay 'Unethical advertising" outlines which types of advertising are considered unethical giving different examples. Using advertisements that provide false claims and makes the public believe in something that is not true is a mere example of unethical advertising. This usually happens with several products such as detergents, where the advertisement says that the clothes washed with the specific detergent will look as clean as new, but that never happens. This also happens in various weight loss plans advertisements, where it says that a person using the product will lose 50 pounds in two weeks, but this does not actually happen for all customers using the product and thus, experts have been considering this as unethical. This type of advertising should confront bans due to its unethical nature, as it does not provide what it claims to be advertising for. Such is one example of unethical advertising. Another common instance of unethical advertising is the advertisements prepared for products, such as cigarettes and drugs. This type of advertising is surely illegal, as well as unethical, as it promotes a product that is harmful for the human body. Children who might come across such an advertisement might find it fascinating that they can avail the product that supposedly helps them get over all their problems and worries, while they are unaware of the amount of damage such products can cause to their bodies. Advertisements designed in the political realm have often found to be unethical as they provide information that is not true. , done, in order to get the public to cast a vote for them by providing false information. For example, a person running for the post of a president for a country may claim to have donated a huge amount of money to flood victims etc; however, may not have done so actually. This might be done just in order to gain the public votes and therefore, this type of advertising is surely considered unethical. A very common type of unethical advertising, which is used, is advertisements that say promote â€Å"$1 products.† However, when one actually picks up a product and comes to pay for it, they come to know that very few products are of one dollar, the others have their own specific prices, and the customer is forced to buy the items, in order to avoid the embarrassment by the shopkeeper that they cannot afford the product (Wells, pp. 69-74). Another type of unethical advertising is that an advertisement can have a negative psychological impact on a person, and cause them to experien ce psychological problems in the end (MacRury, pp. 20-25). For example, using the image of a monster in a children’s cereal ad may frighten them and have a lasting impact on their minds. This type of

Tuesday, February 11, 2020

Supply and demand, why demand is better Article Example | Topics and Well Written Essays - 500 words

Supply and demand, why demand is better - Article Example One of the two factors in economics is dependent on the other and therefore the independent factor is the most important in economics. According Blaug, supply depends on demand in the market. The article is titled, Economic Theory in Retrospect and was published by the Cambridge University Press. The article is authored in English as the original language of the author and the target group. The major subjects covered in the article are economics and history within the concepts and discipline of economics. The economic history contained in the book is linked to the fathers of economic and the concepts they applied to explain economic. This book covers the historical situation and concepts economics and the current thoughts including the relationship between demand and supply. The author outlines the equations of demand and supply curves and it is from this point that the reliance of supply on demand in the economical perspectives reveals the significance of demand over supply. The impact of demand on the central factor of both demand and supply that is the price implies a course of effect on supply. The author argues that the increase in the demand of a given product at a given price increases the motive to supply the customers with the commodities demanded. When demand increases the prices in the market increases too prompting the need to meet the demand that is desired in the market and the producers are forced to increase the supply. Supply in market is linked to the possibility and surety that the market will be able to buy the products. Higher prices caused by increase in the demand in the market inspire the producers to increase the supply into the market. Higher prices indicate the times when the producers are targeting the market and this is the time they increase the supply into the market. This therefore reveals that demand is independent of supply while supply