The marketing management philosophy that focuses on the question "What do customers want and need?" is the market orientation philosophy. This approach emphasizes understanding and responding to customer preferences and demands to create value and build long-term relationships. By prioritizing customer insights, businesses can tailor their products and services to better meet market expectations, ultimately leading to increased customer satisfaction and loyalty.
n this world of business, you have found the terms management and marketing. A question emerges in the brain of numerous individuals that either these terms are same or distinctive?Marketing is the management and study of trade relationships. “The American Marketing Association” has characterized marketing as “the activity, set of establishments, and procedures for making, imparting, conveying, and trading offerings that have value for clients, customers, accomplices, and society at large.”Management is actually the administration of an association, whether it is a not-revenue driven association, a business, or government body.The reference of this content is researchpedia.info/difference-between-marketing-and-management/
I think the importance of studying Marketing will be specifically to look at the ways by which customers can satisfy their needs and wants. That is through engaging in self production, begging, coercion and by creating exchanges. Now the basis of this question is to look at the roles marketing or marketers play in satisfying the customer. One can compare the demand of this question with this question also, Since customers will seek their needs and wants at all cost, the study and practice of Marketing is useless.
There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
this is the question of module-2 pgdm (AIMA)
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n this world of business, you have found the terms management and marketing. A question emerges in the brain of numerous individuals that either these terms are same or distinctive?Marketing is the management and study of trade relationships. “The American Marketing Association” has characterized marketing as “the activity, set of establishments, and procedures for making, imparting, conveying, and trading offerings that have value for clients, customers, accomplices, and society at large.”Management is actually the administration of an association, whether it is a not-revenue driven association, a business, or government body.The reference of this content is researchpedia.info/difference-between-marketing-and-management/
mba marketing management assignment answers
I think the importance of studying Marketing will be specifically to look at the ways by which customers can satisfy their needs and wants. That is through engaging in self production, begging, coercion and by creating exchanges. Now the basis of this question is to look at the roles marketing or marketers play in satisfying the customer. One can compare the demand of this question with this question also, Since customers will seek their needs and wants at all cost, the study and practice of Marketing is useless.
i dont know the answer,that was why i asked you at first and you replied me with a question aswell
hey can u send me objectives types questions for MBA with answers
You should try answering the Strategic Marketing question yourself rather than asking on internet sites. :)
There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
someone else answer this question correctly please!!!!!
yes
There are several distinct differences between MBA in finance and MBA in Marketing. Some of the differences between MBA in finance and MBA in marketing are: different programs, and focus on different problems.
this is the question of module-2 pgdm (AIMA)
By "a commission junction," I assume that the question is asking about the company named "Commission Junction." Commission Junction is a successful marketing corporation based in Santa Barbara, California. It has many customers, including Yahoo!.