The process of marketing is centered around the functions of exchange. The exchange of Goods and services with monitory, or general benefits to the company.
The exchange function consists of 3 different functions: Buying , assembling and selling. These functions have a common feature in one respect, that they are directly concerned with the change in ownership of goods.
what is a marketing director?
scope and role of marketing function in the exchange process
physical functions of marketing refers to storage and movement of physical products. It creates place and time utility. It involves two major functions: a. Transportation b. Warehousing.
Buying and Selling
The universal functions of marketing are: 1. Buying 2. Selling 3. Marketing Jobs, Research 4. Transportation 5. Storage 6. Standardization & Grading 7. Financing 8. Risk
what are the functions of future exchange?
what is a marketing director?
what are the functions of the nigeria stock exchange.
Explanation should include the marketing functions and their application to business operations.
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scope and role of marketing function in the exchange process
logistical functions
The two parties involved in marketing exchange are supplier and buyer. The whole purpose of marketing exchange is to receive a desired good that is worth the excess cost.
Marketing functions for macros cannot be shifted or shared. They must all be processed by someone and none can be left out.
The globalization of manufacturing and marketing requires the development of exchange relationships to govern the movement of goods and services.
physical functions of marketing refers to storage and movement of physical products. It creates place and time utility. It involves two major functions: a. Transportation b. Warehousing.
An organised market functions as per the rules,regulations and procedures which are led down by the government.It has its own constitution and managing body for supervision,regulation and control.The stock exchange, the regulated market, produce exchange and bullion market, are examples of organised market.