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Marketing Ch.16
N/A
13
Marketing
Undergraduate 2
04/29/2010

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Term
Consumerism
Definition
An organized movement of citizens and government agencies to improve th rights and power of buyers in relation to sellers
Term
Enviormentalism
Definition
An organized movement of concerned citizens and government agencies to protect and improve people's living environment
Term
Environmental Sustainability
Definition
A management approach that involves developing strategies that both sustain the environment and produce profits for the company
Term
Enlightened Marketing
Definition
A marketing philosophy holding that a company's marketing should support the best long-run performance of the marketing system
Term
Consumer-Oriented Marketing
Definition
The philosophy of enlightened marketing that holds that the company should view and organize its marketing activities from th consumer's point of view
Term
Customer-Value Marketing
Definition
A principle of enlightened marketing that holds that a company should put most of its resources into customer value-binding marketing investments
Term
Innovative Marketing
Definition
A principle of enlightened marketing that requires that a company seek real product and marketing improvements
Term
Sense-Of-Mission Marketing
Definition
A principle of enlightened marketing that holds that a company should define tis mission in broad social terms rather than narrow product terms
Term
Societal Marketing
Definition
A principle of enlightened marketing that holds that a company should make marketing decisions by considering consumers wants, the company's requirements, consumers' long-run interests, and society's long-run interests
Term
Deficient Products
Definition
Products that have neither immediate appeal nor long-run benefits
Term
Pleasing Products
Definition
Products that give high immediate satisfaction but may hurt consumers in the long run
Term
Salutary Products
Definition
Products that have low appeal but may benefit consumers in the long run
Term
Desirable Products
Definition
Products that give both high immediate satisfaction and high long-run benefits
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