Skip to main content

The Product in Theory and Practice

  • Chapter
Product Policy and Management

Abstract

It is generally accepted among marketing men that their discipline depends heavily upon the economic and behavioural sciences for its theoretical foundations. Because of this dependency it has been suggested that the development of a new discipline of marketing is superfluous in that its subject matter could easily be dealt with within one or other of the disciplines from which it has developed. Naturally, marketers tend to be unsympathetic towards this point of view, and can find considerable support for their lack of sympathy in the subject matter of this book — the product, and product planning and policy.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes and References

  1. Maslow proposes that human needs exist on a number of levels ranked in order of priority, viz. Physiological, Safety, Belongingness and Love, Esteem and Status, Self-actualisation. Each level of need must be satisfied prior to the one below it in the hierarchy. Abraham H. Maslow, Motivation and Personality (New York: Harper & Row, 1954).

    Google Scholar 

  2. Laurence Abbot, Quality and Competition (New York: Columbia University Press, 1955) p. 9.

    Google Scholar 

  3. Joan Robinson, The Economics of Imperfect Competition (London: Macmillan, 1932)

    Google Scholar 

  4. Edward Chamberlin, The Theory of Monopolistic Competition (Cambridge, Mass.: Harvard University Press, 1933).

    Google Scholar 

  5. M. J. Baker, Marketing New Industrial Products (London: Macmillan, 1975).

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Copyright information

© 1976 Michael J. Baker and Ronald McTavish

About this chapter

Cite this chapter

Baker, M.J., McTavish, R. (1976). The Product in Theory and Practice. In: Product Policy and Management. Macmillan Studies in Marketing Management. Palgrave, London. https://doi.org/10.1007/978-1-349-15655-9_1

Download citation

Publish with us

Policies and ethics