Stakeholder Influence On Environmental Marketing

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Stakeholder Influences on Environmental Marketing Environmental marketing has been in the public domain since the period of Rachel Carson’s critique “The Silent Spring” in 1963 and it has continued to heightened consumer awareness and concern over environmental matters till date around the world most especially in Europe and United states. Environmental marketing, which is also referred to as ‘green marketing’ (Charter, 1992; Ottman, 1993), ‘ecological marketing’ (Apaiwongse, 1994), ‘sustainable marketing (Van Dam and Apeldoorn, 1996) and enviropreneurial marketing (Menon and Menon, 1997) is believed to be instigated and influence by stakeholder pressure (Nair & Ndubisi, 2011). Environmental marketing is defined by Nair & Ndubisi, (2011:68)…show more content…
In this definition, freeman shows the chemistry between stakeholder’s interest on organization’s ability to achieve its objectives. Stakeholder groups within and outside organization in their capacity directly and indirectly influenced environmental marketing (Nair & Ndubisi, 2011). Frooman (1999) argument indicate that stakeholder influence is determined by the dependency of the company on stakeholders and vice versa. While, Buysse and Verbeke, (2003) classified stakeholders into primary and secondary stakeholders and this classification is based on the type relationship they have with the firm. According to Nair & Ndubisi, (2011), stakeholder command various degree of importance and influence on a firm’s environmental marketing…show more content…
This desire can be achieved by organizing joint research or joint manufacturing or joint product/process/service design or participate in a joint creation of green value chain to name a few. In reference to joint policymaking, it is an activity that interested government most. Correspondingly, the presence of leadership and employee in the green policy making process cannot be override. Customer and public should also be given active role to participate in the process, adopt and incorporate their ideas in the policy document and at the same time welcome and act on their feedbacks pertaining to the effectiveness of such policy drafts. In short, the availability of a strong link of green communication between the firm and core influence group is essential to share ideas and thereby creating the interactive green knowledge network. Thus, without any doubt, it will help the formation of green policies considerably. Therefore, the green knowledge network should be as transparent and lively as possible (Nair & Ndubisi,
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