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Definitions are part of marketing management texts and courses; however, some
representatives of the social and humanistic sciences tend to regard them cautiously. The
simple definition of a process is a discipline in itself (Heilbrun, 1996), which leaves open a lot of
alternatives. The concern that marketing definitions could be contested can be quickly dispelled
if we refer to the fact that it is an academic field, at the same time the concern for defining this
field persisted over approximately 80 years.
1. Introduction
The American Marketing Association (AMA) is a key
component of the institutional infrastructure for the
study of marketing. AMA is probably the most famous
association involving a high academic profile and is
extremely influent in setting the directions for marketing
studies by regularly updating the definitions. Since
2007, the definition of marketing is as follows:
Marketing is the activity, set of institutions, and
processes for creating, communicating, delivering and
exchanging offers that have value for consumers,
customers, partners and society in general. (AMA,
2007)
Definition
Marketing aims to achieve the economic activities which govern the
flow of goods and services from producer to consumer.
Marketing is the process of planning and execution product, price,
promotion and distribution of ideas, goods and services to create
exchanges that satisfy the consumer and the organization
demands.
2004
2007
Key words:
Marketing concept, American
Marketing Association,
marketing evolution, European
marketing.
JEL Codes:
M31
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