Essay on Materialistic Consumers And Ethical Practices

962 Words Oct 14th, 2016 4 Pages
There is more likelihood of materialistic consumers participating in unethical actions while disregarding other elements such as religion, family or self-held beliefs. For obtaining more tangible or intangible assets, materialistic consumers have high probability of breaking their own beliefs. Managers feeling obliged to thrive, whether for the purpose of increased earnings or a higher position, are likely to take part in unethical activities. In some studies materialism is negatively associated with ethical practices, while in other works there is no significant link for instance between materialism and the number of credit cards belonging to each individual. Thus Arli and Tjiptono (2013) wrote that the connection between those two elements varies in regards to values indorsed in each culture.
Long-term orientation (LTO) is known to be placing value when it comes to hard work, time periods, rituals and future savings and collection. Basically long-term orientation places meaning on the previous periods and the times yet to come as much as it values the present. The past and the future decisions are as important as the present doings with short-term consequences. Time is gold and those who score high on the LTO find organization, persistence, tradition and dedication worthy. In certain readings, long-term orientation is connected to ethics. This means that the higher the LTO the more consumers are thought to be ethical.
The matter of consumer ethics led to a development…

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