Abstract
This article reviews the history of marketing thought in relation to social responsibility and business ethics. The main objective of the article is to show that business can be profitable and socially responsible at the same time by practising the societal marketing concept. More specifically, it presents the development of a marketing philosophy, discusses the influence of consumerism on the marketing concept and deals with ethics and social responsibility in marketing. It is argued that organisations who adopt the societal marketing concept will be the ones most likely to make long-run profits as well as be beneficial to society as a whole.
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Russell Abratt is Associate Professor of Marketing at the University of the Witwatersrand, Johannesburg, South Africa. He has published in the Journal of Business Ethics, European Journal of Marketing, International Journal of Advertising, Industrial Marketing Management and the Quarterly Review of Marketing amongst others. His current research interests are in Social Marketing, Industrial Marketing and Retailing. He has also taught at the Unversity of Melbourne in Australia and the Ohio State University in the U.S.A.
Diane Sacks is an LLM student at Harvard University. She holds the BA, LLB, and MBA degrees from the University of the Witwatersrand, Johannesburg.
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Abratt, R., Sacks, D. The marketing challenge: Towards being profitable and socially responsible. J Bus Ethics 7, 497–507 (1988). https://doi.org/10.1007/BF00382596
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DOI: https://doi.org/10.1007/BF00382596