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Lecture Basic Marketing: A global-managerial approach: Chapter 22 - William D. Perreault, E. Jerome McCarthy

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When you finish this chapter, you should: Understand why marketing must be evaluated differently at the micro and macro levels, understand why the text argues that micro-marketing costs too much; understand why the text argues that macro-marketing does not cost too much; know some of the challenges marketers face as they work to develop ethical marketing strategies that serve consumers'' needs.

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Ethical Marketing in a

Consumer-Oriented World:

Appraisal and Challenges

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Chapter 22 Objectives

1  Understand why marketing 

must be evaluated differently 

at the micro and macro levels. 

 

2  Understand why the text 

argues that micro­marketing  costs too much. 

3  Understand why the text 

argues that macro­marketing  does not cost too much.

4  Know some of the challenges  marketers face as they work 

to develop ethical marketing  strategies that serve 

consumers' needs. 

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Lack of Understanding

of the Marketing Environment

Lack of Understanding

of the Marketing Environment

Poor Blending of the Four Ps

Poor Blending of the Four Ps

Lack of Interest

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Micro-Marketing Costs

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Undesirable Practices

Advertising Wastes

Resources

Advertising Wastes

Resources

Consumers are Manipulated

Consumers are Manipulated

Superficial Change

Not Enough Social

Value

Not Enough Social

Value

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Macro-Marketing Criticisms

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Challenges Facing Marketers

Consumer Privacy

International

Competition

Continuous

Improvement

Role of Law

Some Key Challenges Facing Marketers

More Social Responsibility

Natural Environment

Market-Oriented

Responsibility

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