Nature of Marketing
It is a social process because it takes place in a social environment where people interact with each other. It is also a managerial process because it involves decision making, planning, organizing, directing, and controlling. Marketing is dynamic as it changes with the changing environment.
Dec 7, 2023
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Feb 1, 2022 · Functions of Marketing · Market Research: Complete research on competitors, consumer expectations, and demand is done before launching a product ...
Marketing creates time, place and possession utilities through warehousing, transportation and selling. It focuses on satisfaction of customer's wants. Customer ...
The nature of marketing - Oxford Academic - Oxford University Press
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Marketing covers a wide range of essential business activities which ensure that customers can obtain the products and services that they want and need, when ...
Apr 13, 2016 · Goal oriented: Marketing seeks to achieve benefits for both buyers and sellers by satisfying human needs. The ultimate goal of marketing is to ...