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Marketing plays a crucial role in developing economies by facilitating the introduction and promotion of products and services that meet local needs. It helps businesses understand consumer behavior, enabling them to tailor offerings and foster brand loyalty. Additionally, effective marketing can stimulate demand, drive competition, and encourage innovation, ultimately contributing to economic growth and job creation. By bridging the gap between producers and consumers, marketing enhances market efficiency and supports sustainable development.
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Why marketing plays an important role in Indian economy?
because it is paduri.
Role of service marketing in the economy?
To coordinate all other departments and aid businesses
What is the role of agricultural marketing in an economy?
this mechanism through which different agricultural goods like grains vegetables and fruits reach different places is known as agricultural marketing
What is Vietnam's economy?
Developing economy
How does the marketing affect the economy?
how does affect the all economy
Why marketing plays an important role in Indian economy?
because it is paduri.
Role of service marketing in the economy?
To coordinate all other departments and aid businesses
Identify the role of marketing objectives in developing a marketing plan?
Product introduction or innovation. Sales or market share. Projected profitability. Pricing. Distribution. Advertising. Team organization.
What type of economy does developing country have?
I think they must have a mixed economy
What is the role of agricultural marketing in an economy?
this mechanism through which different agricultural goods like grains vegetables and fruits reach different places is known as agricultural marketing
What is the Role of marketing manager?
Marketing manager functions many tasks in a company which aimed at implementing and developing short or long term marketing ideas. The extensive scope of this duty requires talking to different department in the firm.
What is Vietnam's economy?
Developing economy
Why is marketing important in the overall growth in the economy?
Marketing is important to grow the economy because marketing is what reaches to the consumer and incites them to buy things. These purchases put money into the economy, and stimulate the growth of the economy. These purchases may not have been made if not for marketing.
Why is marketing important in the overall growth of the economy?
Marketing is important to grow the economy because marketing is what reaches to the consumer and incites them to buy things. These purchases put money into the economy, and stimulate the growth of the economy. These purchases may not have been made if not for marketing.
What is Kenya's developing economy based on?
Kenya's developing economy is based on agriculture and tourism.
What impact does the global economy have on the stability of developing countries?
The global economy can have a significant impact on the stability of developing countries. Economic fluctuations, such as recessions or currency devaluations, can lead to financial instability and affect the ability of developing countries to meet their financial obligations. Additionally, changes in global demand for goods and services can impact the export-dependent economies of developing countries. Overall, the global economy plays a crucial role in shaping the stability and growth of developing countries.
Role of marketing to society?
Marketing products and services achieves financial growth for individuals and companies. This helps stabilize society's financial and productive input and output within any economy.
