Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
980621 | Procedia Economics and Finance | 2016 | 5 Pages |
Environmental issues are now at the forefront of global agenda. This is because, the natural resources are depleting in alarming rate. Moreover, environmental pollution, need for future generation as well as quality of life became few more crucial issues for the survival of the human life. In order to attain a sustainable existence of individuals, several researchers have started to point marketers’ role as the catalyst in bringing the change in conventional way of looking of business aspects. Considering the environmental deterioration, a new business philosophy became the necessary. This research addresses this issue by proposing a paradigm shift of the present marketing approach to a more timely, needed and holistic approach which can be called as ‘environment – dominant’ logic. Particularly, this study attempts to answer three basic questions related to this phenomenon: (i) Why the ‘environment-dominant’ logic is in the forefront? (ii) How does E-D logic differ from the conventional views of marketing paradigm? (iii) What is the role of E-D logic in marketing activities?