Chapter XX Chapter Title
Contents
Part One
Marketing
Dynamics
What is marketing?
1
Marketing Is Dynamic!
16
Marketing Defined 17
Marketing Is Dynamic 17
Marketing Is Customer-Focused 18
Marketing Is Relationships 19
Marketing Is International 19
Marketing Is the Four Ps 20
Marketing Is the Marketing Mix 23
Marketing Is the Marketing Plan 25
Is Marketing in Your Future? 27
The Mark Secchia Story—
Marketing Is International 28
2
Business Basics
31
Economic Needs and Wants 32
The Exchange 33
Money 34
What Is Business? 35
Making a Profit 36
Forms of Business Ownership 36
The Functions of Business 38
3
The Marketing Concept
42
Utility 42
The Marketing Concept 44
The Functions of Marketing 46
The Functions and the Marketing
Concept 48
4
Markets
51
A Group of Buyers 52
Consumer Market vs. Business
Market 53
Customer vs. Consumer 57
Market Segments 58
Marketing Strategy 61
5
Social Responsibility
65
What Is Social Responsibility? 66
Be Legal 67
Be Ethical 69
Be Philanthropic 72
Benefits of Social Responsibility 74