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Management · Q147

Marketing

Graduate and Post Graduate · Management · question 147

Q147

A marketing philosophy summarized by the phrase 'a stronger focus on social and ethical concerns in marketing' is characteristic of the _________ period.

A.
Production
B.
Sales
C.
Marketing
D.
Societal marketing
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
A marketing philosophy summarized by the phrase 'a stronger focus on social and ethical concerns in marketing' is characteristic of the Societal marketing period. Societal Marketing emphasizes on social responsibilities and suggests that to sustain long-term success, the company should develop a marketing strategy to provide value to the customer's to maintain and improve both the customers and society's well being better than the competitors.