Marketing dictionary


a term coined by U.S. marketing academic, Philip Kotler, to describe the type of marketing activity required when it is necessary to manage elements of the firm's external environment (governments, the media, pressure groups, etc) as well as the marketing variables; Kotler suggests that two more Ps must be added to the marketing mix - public relations and power.

Back to previous
Rate this term


Browse A-Z

Select a letter to find terms listed alphabetically.