Marketing professionals understand the challenges and implications of marketing in an inter-connected, global economy. While the discipline is primarily focused on building mutually-beneficial customer relationships for the firm, it has many other positive influences on the global economy that many in the general public are not aware of. For example, marketing creates a successful economy and leads to a _______________ for people all over the world. Additionally, ______________ can promote the welfare of customers and the firm's stakeholders.

Question

Marketing professionals understand the challenges and implications of marketing in an inter-connected, global economy. While the discipline is primarily focused on building mutually-beneficial customer relationships for the firm, it has many other positive influences on the global economy that many in the general public are not aware of. For example, marketing creates a successful economy and leads to a _______________ for people all over the world. Additionally, ______________ can promote the welfare of customers and the firm's stakeholders.​

Quizplus · Accepted Answer

Marketing leads to a higher standard of living for people all over the world. Additionally, socially responsible marketing can promote the welfare of customers and the firm's stakeholders by considering the impact of marketing decisions on society and the environment.

Marketing Professionals Understand the Challenges and Implications of Marketing in an Inter-Connected