Class 12 Business Studies - Chapter Marketing NCERT Solutions | What is the societal concept of marketin

Welcome to the NCERT Solutions for Class 12th Business Studies - Chapter Marketing. This page offers a step-by-step solution to the specific question from Excercise ".$ex_no." , Question 3: what is the societal concept of marketing....
Question 3

What is the societal concept of marketing?

Answer

The societal marketing concept is an extension of the marketing concept as customer satisfaction is supplemented by social welfare. This concept pays attention to social, ecological and ethical aspects of marketing for dealing with problems like environmental pollution, deforestation, shortage of resources, population explosion, etc.

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