In Chapter 1 we offered a definition and analysis of what is meant by marketing. The linked idea of companies adopting a market or marketing orientation has occupied the minds of researchers and practitioners alike. Some advocate adopting the marketing concept. The American Marketing Association defines the marketing concept as ‘the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large’ (AMA, 2013).
FAQ: What does ‘market orientation’ mean?
Initially, the term ‘marketing orientation’ was used, emphasizing the key issues of focusing on and meeting the needs of customers profitably. Doyle and Stern (2006) ...
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