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Chapter 2 Impact of Marketing.

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Presentation on theme: "Chapter 2 Impact of Marketing."— Presentation transcript:

1 Chapter 2 Impact of Marketing

2

3 Good or Evil? It is important to determine if marketing plays a positive or negative role.

4 Benefits of Marketing Better Products and Lower Costs
Employment Opportunities ¼ of all jobs in the US are marketing related New Products More Needs Being Met Customers Make Better Decisions Better Product Standards

5 Common Complaints Unneeded Purchases Higher Product Costs
50% of the cost of a product is marketing related expenses

6 Ethics and Marketing Ethics: Moral principles or values based on honesty and Fairness.

7 Business Ethics

8 Ethics and Marketing Video!


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