1.8 Summary
This Chapter has identified and explained the different uses and meaning of marketing, and has detailed a variety of concepts which underlie and give substance to the definition of marketing.
We have noted that marketing can be applied to tangible products, services and/or ideas rather than just to tangible products, and hopefully changed any previous misconceptions you may have had about it.
We have seen also how businesses have evolved into being more marketing oriented and especially, how the maritime industry is coming belatedly to the realisation that it needs to do likewise. In addition, we have questioned whether organisations should demonstrate a wider social responsibility and not just be driven by profit.
The material in this Chapter will underpin everything else we cover in this unit. Thus, you now have had an overview of marketing, its relevance to the maritime industry, and a foundation for the rest of this unit.