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Sustainability Marketing Practices of Samsung Electronics

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Sustainability Marketing Practices of Samsung Electronics
Sustainability Marketing Practices of Samsung Electronics

Table of Contents

Executive Summary…………………………………………………………………………………… 3
Introduction………………………………………………………………………………………………. 3
Macro Issues……………………………………………………………………………………………… 3
Theoretical Review of Sustainable marketing issues………………………………….. 4
Review of Samsung’s sustainable marketing practices……………………………….. 6
Recommendations…………………………………………………………………………………….. 8
Conclusion…………………………………………………………………………………………………. 9
References………………………………………………………………………………………………… 10

Executive Summary
The modern business environment, globalization and increased public awareness have influenced companies to engage themselves in sustainable activities. The companies and policy makers are in the phase of developing and improving existing business practices for sustainable development of the surrounding. Furthermore, the companies design their marketing activities to support the companies’ sustainable activities in the development of the sustainable surrounding. Samsung Electronics is one of the responsible companies following sustainable business practices. However, the company needs to improve its communications and marketing efforts to strengthen its marketing mix and brand reputation.
Introduction
Corporate sustainability has become an important concern for stakeholders (both direct and indirect) and the media. Globalization has increased the need for proper communication and sustainable marketing activities for sustainable growth of organizations. Due to the increasing in pollution and climate change around the world, environmental executives, media, stakeholders and policy makers have realized that companies should engage themselves in sustainable activities. To understand the sustainable practice of a multinational company, this report is design to analyze the concept of sustainable marketing and the Corporate Social Reporting of Samsung Electronics.
Macro Issues
There are many internal and external factors



References: Armstrong, G. & Kotler, P. (2009). Marketing: An Introduction. 9th edition. Upper Saddle River: Pearson Prentice Hall. Akdeniz, M. B, Gonzalez-Padron, T., & Calantone, R. J. (2010). An integrated marketing capability benchmarking approach to dealer performance through parametric and nonparametric analyses. Industrial Marketing Management, 39(1), 150-160. Belz, F-M. Peattie, K.(2009). Sustainability Marketing: A Global Perspective. Chichester: Wiley. Bridges, C.M. & Wilhelm, W.B. (2008). Going Beyond Green: The “Why and How” of Integrating Sustainability Into the Marketing Curriculum. Journal of Marketing Education. Vol. 30, Iss. 33, p. 33-46. Burkitt, H. (2010). Top CEOs name their marketing priorities. Market Leader, 1, 13. Closs, D Crittenden, V. L., Crittenden, W. F., Ferrell, L. K., Ferrell, O.C., & Pinney, C. (2011). Market-oriented sustainability: a conceptual framework and propositions. Journal of the Academy of Marketing Science, 39(1), 71–85 De Santis, G (2012)The family, the market or the State? Intergenerational Economic Support under Pressure in Ageing Societies series, International Studies in Population, Vol. 10. Springer Publisher. Emanuel, K., Sundararajan, R, Williams, J Ferrell, O. C., Gonzalez-Padron, T., Hult, G. T. M., & Maignan, I. (2010). From market orientation to stakeholder orientation. Journal of Public Policy & Marketing, 29(1), 93–96. G Hunt, S. D. (2011). Sustainable marketing, equity, and economic growth: a resource-advantage, economic freedom approach. Karbassi, L., Kasten, T., Coleman, H., Munang, R., (2011). Adapting for a Green Economy¬: Companies, communities and climate change, Sustainable Development Kuosmanen, T., & Kuosmanen, N. (2009). How not to measure sustainable value (and how one might). Ecological Economics, 69(2), 235–243. Martin, D Matten, D., & Moon, J. (2008). Implicit and explicit CSR: a conceptual framework for a comparative understanding of corporate social responsibility Nguyen, D. K., & Slater, S. F. (2010). Hitting the sustainability sweet spot: Having it all. The Journal of Business Strategy, 31(3), 5–11. Ottman, J.A. (2011). The New Rules of Green Marketing: Strategies, Tools, and Inspiration for Sustainable Branding. Sheffield: Greenleaf. Paetzold, K. (20101). Corporate Social Responsibility: An International Marketing Approach, Diplomica Verlag, GmbH, Hamburg, Germany. SIDA, (2011), Climate Change Adaptation: Engaging Business in Asia, CSR Asia The Dictionary of Sustainable Management (2010), <http://www.sustainabilitydictionary.com> viewed 26/12/2012 Villiiers, C

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