Marketing Insights From a to Z: 80 Concepts Every Manager Needs to Know


sponsibility is to its customers, its second to its employees, its



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Philip Kotler - Marketing from A to Z

sponsibility is to its customers, its second to its employees, its
third to its community, and its fourth to its stockholders.
This
ordering of priorities is the best way to ensure profits for the stock-
holders, as J&J has proved over the years.
Most mission statements contain the right phrases: “People are
our most important asset.” “We will be the best at what we do.” “We
aim to exceed expectations.” “We aim to make above average returns
for our shareholders.” The lazy way to prepare the mission statement
is to assemble these in any order.
Print your mission statement on the back of your business card
to remind your people, your prospects, and your customers of what
your company stands for.
Mission
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