Abstract

The strategic planning process is inextricably linked with the issue of corporate goal formulation. It is argued that greater progress will be made in understanding marketing's participation in strategic planning if marketing's role in the goal formulation process can be explicated. Unfortunately, the extant theories of the firm are inadequate in varying degrees for this purpose. A new theory of the firm is proposed that attempts to specify the role of marketing and the other functional areas in the goal setting and strategic planning process.

Keywords

Extant taxonStrategic planningMarketingBusinessProcess (computing)Strategic marketingProfit impact of marketing strategyMarketing strategyStrategic financial managementComputer science

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Publication Info

Year
1982
Type
article
Volume
46
Issue
2
Pages
15-26
Citations
463
Access
Closed

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Paul F. Anderson (1982). Marketing, Strategic Planning and the Theory of the Firm. Journal of Marketing , 46 (2) , 15-26. https://doi.org/10.1177/002224298204600203

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DOI
10.1177/002224298204600203