Ethics Some critics of marketing have suggested thatmarket segmentation and target marketing leadto an unnecessary proliferation of product choicesthat wastes valuable resources. These critics suggest that if marketers didn't create so many different product choices. there would be more resources 10 feed the hungry and house the homeless andprovide for the needs of people around the globe.Are the results of segmentation and target marketing harmful or beneficial to society as a whole?Should firms be concerned about these criticisms?Why or why not?
Ethics Some critics of marketing have suggested thatmarket segmentation and target marketing leadto an unnecessary proliferation of product choicesthat wastes valuable resources. These critics suggest that if marketers didn't create so many different product choices. there would be more resources 10 feed the hungry and house the homeless andprovide for the needs of people around the globe.Are the results of segmentation and target marketing harmful or beneficial to society as a whole?Should firms be concerned about these criticisms?Why or why not?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Ethics Some critics of marketing have suggested that
market segmentation and target marketing lead
to an unnecessary proliferation of product choices
that wastes valuable resources. These critics suggest that if marketers didn't create so many different product choices. there would be more resources 10 feed the hungry and house the homeless and
provide for the needs of people around the globe.
Are the results of segmentation and target marketing harmful or beneficial to society as a whole?
Should firms be concerned about these criticisms?
Why or why not?
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