In today's rapidly changing environment, there are numerous philosophies in marketing management that are profoundly analyzed and practiced. They are: the production concept, the product concept, the selling concept, the marketing concept and the social marketing concept (Kotler, Brown, Adam & Armstrong, 2001, p15). These concepts are used to perform tasks to achieve the desired exchanges with target markets. The societal marketing concept evolved in the period of mid to late 1960s due to shortages …
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showed last 75 words of 2916 total
…McColl-Kennedy J. R. & Kiel G.C. (2000), Marketing: A Strategic Approach, Nelson Australia Pty Ltd, Melbourne. McColl-Kennedy J.R., Kiel G.C., Lusch R. L. & Lusch V.N. (1994), Marketing: Concepts and strategies, (2nd edn), Thomas Nelson Australia, Melbourne. McDonald's Corporate website, http://www.mcdonalds.com.au/ Kotler P., Brown L., Adam S. & Armstrong G. (2001), Marketing, (5th edn), Pearson Education Australia, NSW. Transport Accident Commission website, http://www.tacsafety.com.au/