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4 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-1 A Broader Perspective on Marketing

4 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall4-1 A Broader Perspective on Marketing

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Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-1

A Broader Perspective

on Marketing

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-2

CHAPTER OBJECTIVES

1. What is the relationship between marketing and society? How do marketers respond to culture, consumerism, and environmentalism?

2. What are the most important ways laws and regulations affect marketing strategy?

3. What are the ethical responsibilities of marketers?

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-3

OBJECTIVE 1

What is the relationship between

marketing and society? How do

marketers respond to culture,

consumerism, and environmentalism?

DEFINED

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A Society is a community, nation, or

group that shares common traditions,

institutions, activities, and interests.

EXPLAINED

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MARKETING AND SOCIETY

Marketing

Encourages Consumption

Embellishes Claims

Environment

Non-profit

Societal Change

Products Satisfy Needs

Offer Access to ProductsThe red ovals (- sign) represent the criticisms

of marketing, while the green ovals (+ sign) represent the positive elements of marketing.

APPLIED

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SOCIETY

Governments

Consumers

Nongovernmental(Watch Dog Groups)

http://www.mycen.com.my/malaysia/ngo.html

Businesses

DEFINED

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Culture is the shared values, beliefs,

and preferences of a particular society.

EXPLAINED

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CULTURE

APPLIED

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CULTURAL INFLUENCERS

Consumerism Environmentalism

Eight Basic Rights of Consumers:

Safety

Be Informed

Choose

Be Heard

Satisfaction of Basic Needs

Redress (Legal Action)

Consumer Education

Healthy Environment

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-10

OBJECTIVE 2

What are the most important ways laws

and regulations affect marketing

strategy?

DEFINED

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Laws are rules of conduct or action

prescribed by an authority, or the

binding customs or practices

of a community.

EXPLAINED

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MARKETING AND THE LAW

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OBJECTIVE 3

What are the ethical responsibilities of

marketers?

DEFINED

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Social Responsibility is concern

for how a person’s (or company’s)

actions might affect the interest of

others.

EXPLAINED

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SOCIAL RESPONSIBILITY

Organization Society

The social marketing concept holds that marketing efforts should be used to improve the lives of individuals.

APPLIED

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CORPORATE SOCIAL RESPONSIBILITY

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All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic,

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