An economy is a system for producing goods and services.
An Economist studies the production distribution and consumption of goods and services
Me
Economics is about the allocation of resources for the production and distribution of goods and ___________.
Differences between goods and services in global marketing imply that strategies must be tailored to the unique characteristics of each. Goods are tangible and can be standardized across markets, while services are intangible, often requiring adaptation to local cultures and preferences. This necessitates a focus on building relationships and trust in service marketing, as well as emphasizing the customer experience. Additionally, service delivery may involve varying degrees of localization, affecting pricing, promotion, and distribution strategies.
why marketing of services is difficult than marketing of goods
An economy is a system for producing goods and services.
Discuss thee role of physical distribution in marketing
Marketing services are services that are offered to market products. Tangible goods are actual, physical goods that are sold by businesses.
An Economist studies the production distribution and consumption of goods and services
An Economist studies the production distribution and consumption of goods and services
Production does not include distribution, marketing, or sales activities. It specifically refers to the process of manufacturing or creating goods or services.
Through Marketing and mass marketing
This describes economic activities within a region where goods and services are manufactured, exchanged, and consumed. It involves various processes such as production, distribution, marketing, and sales that contribute to the economic development of the area. Examples include agriculture, manufacturing, retail, and services like healthcare and education.
marketing where the goal is reducing the demand for goods and/or services
Shopping involves the actual buying of goods and services. Marketing involves the actual promotion and advertising of goods and services.
It mostly deals with the distribution and purchasing of goods and services. Most careers in this field relate to the redistribution and distribution of goods and services.