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I really don't think this is a fair question to either department. Booth are equally important in their duties to a company. Finance supplies a budget necessary for the marketing team while the marketing team applies ideas and practices that bring in more revenue for the financial department to sort out. Loose one, you loose the other and a business fails.

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Relationship of the marketing function and marketing mix?

The marketing mix consists of the "Four P's," price, product, promotion, and place. The marketing function uses the Four P's to implement marketing action. To learn more about marketing in the real world, visit here: www.incitrio.com I would encourage you read the blog as well, it is very informative and fun!


Market are what are important not marketing and therefore more emphasis should be placed on going to market explain the statement with relivant illustration?

markets are what are important and not marketing so therefore more emphasis should be based on going to markets


All organizations need marketing do you agree with this statement?

I entirely agree with the statement. Organizations fail to function without customers whether paying or not. Marketing is always taking place regardless of the intention of an orginization. By focusing on marketing your bring more customers and awareness to your orginization.


How is marketing to boys different from marketing to girls?

When considering your marketing audience, it is important to note key differences. It is also important to consider who will be making the purchasing decisions. When marketing a product that women would use and purchase for themselves, it is important to market the product in a way where women would find the product appealing. It is important to note that many products that men use are actually purchased by women for their men, so marketing in a way that will make women want get the product for their men is idea (perfect example: Old Spice body wash). For more marketing tips check out this marketing blog: http://bit.ly/1i8V8Oj


What role does the marketing function play in creating value for customers and shareholders?

Marketing gets the products information to the consumer. The better the marketing, the more people want the product. It benefits the shareholders who sell the product by attracting more consumers to buy it which puts more money into the company's hands. The only benefit to consumers is that they will see the marketing (tv, radio, billboards, internet, etc....) The downside to the customers is that they may have been talked into buying something that they didn't need.

Related Questions

Why Customer Relation Management is costly in marketing?

As this is one of the primary function of marketing that's why it requires more cost.


What kind of marketing channel function can be performed over the internet?

You can use social media, article marketing, blogging, video marketing, and many more.


With respect to business Administration emphasis finance which does more matter and is more important the Comulative GPA OR Major GPA and especially for business students finance?

With respect to business Administration with an emphasis on finance the cumulative GPA is more important than the Major GOA for business students majoring in finance.


Give information on marketing and finance specialization in MBA and can an computer engineer take those?

Marketing is about creating a product (service) and selling it at an acceptable rate of return. And Finance is all about raising and using capital. You'd be fine in both, though finance might interest you more while I think almost nothing beats marketing. We had a lot of engineers in class and it was interesting because they saw the world differently.


Relationship of the marketing function and marketing mix?

The marketing mix consists of the "Four P's," price, product, promotion, and place. The marketing function uses the Four P's to implement marketing action. To learn more about marketing in the real world, visit here: www.incitrio.com I would encourage you read the blog as well, it is very informative and fun!


What is the role of finance manager?

Main Function IncludesFinancing and InvestingFinancial ManagementCash ManagementRead more at the Related Link.


Is narrative more important than evidence in marketing?

No. Evidence is almost always more important than narrative.


What are the major trends and forces that are changing the marketing landscape and challenging marketing strategy on rapid globalization?

Social media is important in changing marketing. It allows the opportunity to reach more people and to sell more products.


Market are what are important not marketing and therefore more emphasis should be placed on going to market explain the statement with relivant illustration?

markets are what are important and not marketing so therefore more emphasis should be based on going to markets


What are the MBA branches provided by SMU DE?

It gives specialization in IT, HR, Projects, Marketing, Banking & Finance, etc. Check their site smude.edu.in for more details.


How would you describe assortment in the marketing channel?

In marketing channels, assortment is often described as the smoothing function. The smoothing function relates to how raw materials are converted to increasingly more refined forms until the goods are acceptable for use by final consumers.


Importance of finance in business?

Finance in any business is very important. This is what runs a business and people work so hard to get more finances in terms of profits.