0
What are the relationship of marketing to the other management function?
Wiki User
∙ 10y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is marketing function relation to with other business?
marketing function with other business
What Marketing management interface with other functional areas?
what is marketing and explain interface with other functional areas
Relationship of marketing with other functional areas?
The relationship of marketing with other functional areas in an organization is quite important. The other areas include manufacturing, procurement, sales and accounting among others. The departments are interdependent.
What was the marketing relationship with other functional areas - slide3?
manufacturing, procurement, sales and account are all interdependent with marketing
What is the relationship between marketing and other departments?
The marketing department must rely on the other departments to develop their strategies for how they market the products. If the marketing department did not have access or communicate with other departments, it would not be able to advertise and market their products.
What is marketing function relation to with other business?
marketing function with other business
Relationship of production function with other functional area of production management?
The production function in management needs the keen division of labor and monitoring of inputs. Production relates to other functions which include design, process management, storage and transportation.
What is the Relationship between project management and other management discipline?
What is the Relationship between project management and other management discipline?
What Marketing management interface with other functional areas?
what is marketing and explain interface with other functional areas
What is the relationship between Financial management and other management disciplines?
There is a close relationship between the finance function on the one hand and production, procurement, marketing, personnel function on the other. Almost all business activities in an organization directly or indirectly involve the acquisition and use of funds. The determination of production, procurement and marketing strategies are the prerogative of the chief of production, purchase and marketing divisions respectively, but for implementing their decisions funds are required. For example, the production department may decide to replace an old machine with a new one to increase the production capacity but it has financial implications too. Similarly, the purchase and sales promotion policies are laid down by the purchase and marketing divisions respectively, but procurement of materials, advertising and other sales promotion activities cannot be carried out without funds. Likewise, the recruitment and promotion of staff is the responsibility of the personnel department but recruitment and promotion of employees require funds for the payment of wages, salaries and other benefits. Many times, it may be difficult to demarcate where the one function ends and other starts. It may, however be noted that although the finance function of raising and using funds has a significant effect on other functions, it need not limit or obstruct the general functions of the business. It is possible that a firm facing financial difficulties may give more weightage to financial considerations and devise its own production and marketing strategies to suit the situation. On the other hand a firm with plenty of funds may not have much rigidity with regard to financial considerations vis-Ã -vis other management functions. In such a firm, financial policies may be adjusted to the needs of the decisions relating to production, procurement, marketing and other functions Email Based, Online Homework Assignment Help inRelationship Between Financial Management and Other Areas of Management Transtutors is the best place to get answers to all your doubts regarding relationship between financial management and other areas of management with examples. Transtutors has a vast panel of experienced in relationship between financial management and other areas of managementfinancial management tutorswho can explain the different concepts to you effectively. You can submit your school, college or university level homework or assignment to us and we will make sure that you get the answers related to relationship between financial management and other areas of management
How has relationship marketing developed?
Understand each other
Why customer relationship management is different from traditional marketing?
From the marketing perspective, traditional marketing builds category need, awareness of the product (through recall & recognition), a positive attitude (through developing knowledge of the product & liking it) and intention to buy (through consideration of the product and preferring it). Hopefully, a sale occurs at this point. Relationship marketing takes over after the sale for existing customers by stimulating the intention to buy and sometimes after the sale through post-purchase reinforcement. In other words, you should use traditional marketing to recruit new customers and relationship marketing to maintain the relationship with them once you brought them in
What are the disadvantages of relationship marketing?
Answer I don't really know much about marketing but I would think relationship marketing would be annoying just like other kinds of marketing. In other words, just a bunch of hype and gimmicks to reel you into something. The day I would feel the need to resort to "relationship marketing" is the day I give up on relationships. Agh.
Relationship of marketing with other functional areas?
The relationship of marketing with other functional areas in an organization is quite important. The other areas include manufacturing, procurement, sales and accounting among others. The departments are interdependent.
What was the marketing relationship with other functional areas - slide3?
manufacturing, procurement, sales and account are all interdependent with marketing
Is called the first management function because all other management functions depend on it?
Planning
What is the relationship between marketing and other departments?
The marketing department must rely on the other departments to develop their strategies for how they market the products. If the marketing department did not have access or communicate with other departments, it would not be able to advertise and market their products.
