the correct answer is it helps educate consumers about competitive products.
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Definition of marketing?
Having a marketing system is very important. This is because the organization and innovation help you to meet the needs of the market.
A marketing information system is a system that collects and analyzes market data. It then reports the useful data and distributes it to managers on a regular basis, giving them the correct information when they require it.
It is the process of identifying the market that best suits the objectives and capabilities of the firm.
Information system are essential to business for various reasons. Such systems are used for data analysis and evaluation which will help a business in making critical decisions and strategic plans among other things.
Paul Skillen has written: 'A marketing information system for Northern Ireland's private circuit market'
Components of MIS:- 1) Marketing Research System (MRS) 2) Marketing Intelligence System (MIS) 3) Internal Recoed System (IRS) 4) Dission Support System (DSS
The various kinds of marketing approaches are System Approach under which marketing is taken as an exchange system, as marketing mix system, as subsystem of organization system. Use your head.
The various kinds of marketing approaches are System Approach under which marketing is taken as an exchange system, as marketing mix system, as subsystem of organization system. Use your head.
Marketing and System &Hr and marketing
define horizontal marketing system with example?
At present Each & every company wants to globalize, so they do marketing of the products in the other countries using the IT medium. IT plays a vital role in the globalization. The most popular medium of the world is Internet for globalization and selling the product in the other country. In a Marketing field most of the work is done by computer, so we can say that the IT is essential factor of the marketing. It is essential for marketing as with the help of technology you can advertise your products and bring them in the eyes of your targeted customers.