A Framework for Organizational Success
Posted: 17 Jul 2006
The contention of this paper is that the marketing concept is but one aspect of a philosophy of business referred to by the authors as the framework for organizational success. This framework maintains that the marketing concept must work together with good management approaches and with ethical business practices in order to satisfy the needs and wants of the various publics of the organization - customers, employees, suppliers, society - and, in the long run, ensure the satisfaction of the needs of the organization itself. The authors propose that focusing on one concept, and ignoring the other two aspects, is not likely to promote organizational success.
Keywords: marketing concept, ethical business practices, organizations
JEL Classification: L20, L21, M31
Suggested Citation: Suggested Citation