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Marketing and Consumer Behaviour

from Introducing Management in a Global Context by Robert MacIntosh, Kevin D O'Gorman


Authors

Gillian Hogg, Heriot-Watt University
Keith Gori, Heriot-Watt University
Wendy Hisbent, Heriot-Watt University

Abstract

In today’s highly complex market economy an understanding of marketing is essential for businesses to succeed. Long-term business success is dependent on meeting consumer wants and needs using the company’s resources through offerings which create value for customers. Those businesses which do not create value for their customers cannot expect to achieve long-term success. Such is the scale of the topic several introductory management textbooks avoid engaging with it and there are a vast number of large textbooks devoted to the discipline alone. This chapter will attempt to briefly explain why marketing is important and how its core features have developed, before outlining the central relationship between producer and consumer and the importance of the exchange of value that occurs between them. It is this exchange that marketers aim to deliver and enhance in their work.

Format: Book chapter
DOI 10.1024/978-1-910158-48-7/ch03
Find on Google Scholar and CrossRef


Cite this chapter as:
Hogg, G; Gori, K; Hisbent, W (2016) Marketing and Consumer Behaviour In Management in a Global Context Oxford: Goodfellow Publishers


Link to sample chapter

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