Step 1: Identify the key author in marketing literature.
Philip Kotler is widely recognized as the father of modern marketing. His book "Principles of Marketing" is considered a fundamental resource for students and professionals in the field of marketing.
Step 2: Evaluate the options.
- Philip Kotler is known for his contributions to the marketing field.
- Prof. William J. Stanton, Richard Briskik, and Prof. J. P. Verma are not known for writing the "Principles of Marketing" book.
Step 3: Conclude.
Philip Kotler is the correct answer, as he is the author of the book.
Final Answer:
\[
\boxed{\text{Philip Kotler}}
\]