Podcast
Questions and Answers
What should the marketing system's primary goal be, according to environmentalists?
What should the marketing system's primary goal be, according to environmentalists?
- Maximizing investment returns
- Maximizing product variety
- Maximizing consumer satisfaction
- Maximizing the quality of life, including environmental quality (correct)
What is the primary focus of enlightened companies regarding environmental actions?
What is the primary focus of enlightened companies regarding environmental actions?
- To meet the minimum legal requirements
- To prevent potential future regulations
- To take responsibility for the environment out of ethical considerations (correct)
- To maximize immediate profits
Which term describes the movement organized to protect and improve the living environment?
Which term describes the movement organized to protect and improve the living environment?
- Environmentalism (correct)
- Consumerism
- Capitalism
- Sustainable marketing
What management approach focuses on sustaining the environment while ensuring company profits?
What management approach focuses on sustaining the environment while ensuring company profits?
What is one method a company can employ to achieve pollution prevention?
What is one method a company can employ to achieve pollution prevention?
What is a key differentiator between companies responding to consumer environmental concerns and those that take proactive measures?
What is a key differentiator between companies responding to consumer environmental concerns and those that take proactive measures?
Why is environmental sustainability considered a challenging societal goal?
Why is environmental sustainability considered a challenging societal goal?
What is typically characteristic of companies that are merely satisfying environmental concerns?
What is typically characteristic of companies that are merely satisfying environmental concerns?
What does a heavy emphasis on the right half indicate for a company's environmental vision?
What does a heavy emphasis on the right half indicate for a company's environmental vision?
Which of the following countries is noted for having well-developed environmental policies?
Which of the following countries is noted for having well-developed environmental policies?
What is indicated as a key foundation of marketing?
What is indicated as a key foundation of marketing?
What is the concept of sustainable marketing primarily concerned with?
What is the concept of sustainable marketing primarily concerned with?
How should companies create value according to sustainable practices?
How should companies create value according to sustainable practices?
Which of these trends is mentioned as a mega trend affecting business competitiveness?
Which of these trends is mentioned as a mega trend affecting business competitiveness?
What characterizes the countries with strict environmental standards?
What characterizes the countries with strict environmental standards?
What is the triple bottom line approach in sustainable marketing?
What is the triple bottom line approach in sustainable marketing?
What is the primary goal of sustainable marketing?
What is the primary goal of sustainable marketing?
How does consumerism affect marketing strategies?
How does consumerism affect marketing strategies?
Which of the following best defines environmentalism in the context of marketing?
Which of the following best defines environmentalism in the context of marketing?
What role do ethics play in marketing?
What role do ethics play in marketing?
Which aspect of marketing does sustainability impact the most?
Which aspect of marketing does sustainability impact the most?
What consequence can arise from poorly executed marketing actions?
What consequence can arise from poorly executed marketing actions?
What advantage does focusing on sustainability provide to businesses?
What advantage does focusing on sustainability provide to businesses?
Which of the following is a common misconception about sustainable marketing?
Which of the following is a common misconception about sustainable marketing?
Flashcards
Environmentalism
Environmentalism
A movement that aims to protect and enhance the environment for present and future generations.
Environmental Sustainability
Environmental Sustainability
A business strategy focused on achieving economic success while minimizing environmental impact.
Pollution Prevention
Pollution Prevention
The company's efforts to reduce or eliminate waste before it's generated.
Reactive Environmentalism
Reactive Environmentalism
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Proactive Environmentalism
Proactive Environmentalism
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Greening Activities (Short-Term)
Greening Activities (Short-Term)
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Greening Activities (Long-Term)
Greening Activities (Long-Term)
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Environmental Sustainability Grid
Environmental Sustainability Grid
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Sustainable Marketing
Sustainable Marketing
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Triple Bottom Line
Triple Bottom Line
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Environmental Standards
Environmental Standards
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End-of-Life Regulations
End-of-Life Regulations
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Environmental Self-Regulation
Environmental Self-Regulation
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Sustainable Companies
Sustainable Companies
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Societal Well-being
Societal Well-being
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Consumerism
Consumerism
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Responsible Marketing
Responsible Marketing
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Sustainability in Marketing
Sustainability in Marketing
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Unethical Marketing
Unethical Marketing
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Value Chain
Value Chain
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Sustainable Business Models
Sustainable Business Models
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Study Notes
Chapter 5 - Sustainable Marketing, Social Responsibility and Ethics
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Sustainable marketing aims to meet the needs of consumers, businesses, and society now and in the future, through socially and environmentally responsible actions
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Defines sustainable marketing as meeting the present needs of consumers and businesses while preserving, or enhancing the ability of future generations to meet their needs.
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This concept contrasts with traditional marketing that prioritizes short-term sales and profits.
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Critiques of marketing include criticisms that it harms its consumers through high prices, deceptive practices, high-pressure selling, shoddy or unsafe products, planned obsolescence, or poor service to disadvantaged consumers.
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Explores how environmentalism and consumerism influence marketing strategies and practices.
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Discusses greenwashing, a deceptive practice whereby companies exaggerate the environmental benefits of their products or services.
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Examines the sharing economy as a sustainable business model and a potential opportunity.
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Examines ethical dilemmas in marketing and emphasizes the importance of responsible marketing practices for long-term success.
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Discusses how companies can incorporate sustainability into their actions, policies, and practices.
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