Marketing Essentials: Roles, Responsibilities and Context of Marketing

Verified

Added on  2023/03/30

|15
|378
|412
Report
AI Summary
This report delves into the core aspects of marketing essentials, meticulously examining the roles and responsibilities inherent within the marketing function. It explores the significance of branding, product strategies, and the crucial role of customer service in achieving organizational goals. The report also analyzes the interplay between the marketing function and the broader organizational context, highlighting the importance of communication, efficiency, and conflict resolution. Furthermore, the report offers insights into budget management, return on investment (ROI) calculations, and the significance of packaging and labeling. The report concludes by emphasizing the vital role marketing plays in delivering goods and services to potential customers. References are provided for further reading.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
MARKETING
ESSENTIALS
LO 1
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Cover Content
Introduction
Key roles and responsibilities of marketing function
Relation of organisational context with duty and
obligation of marketing.
Conclusion
References
Document Page
INTRODUCTION
Marketing essentials are the various tools which help distinct
organisations in improving their quality and total business. Through
these instruments management is capable of taking various critical
decisions.
Document Page
Key roles and responsibilities of the marketing function
Customers are made aware about products and modifications
done by different enterprise in their services.
It also helps enterprises to sold their products in market.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Document Page
Continued...
Branding - Through advertising company work on building good
brand value
Distribution - Produced goods are successfully transferred to
locations where it is actually required so that consumption of same
can take place.
Marketing ability - Adequate knowledge about external
surroundings
Document Page
Continued...
Product strategies – It includes selection of best alternative from
various options available
Innovation – Changes are made in existing goods.
Corporate communication – Interaction between different units is
also important to remain updated.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continued...
Budget management – set targets for different accounting periods
Calculate ROI – as much resources are allocated in distinct
operation it is important to get enough returns
Packaging and labelling – Done in order to protect products
against damages
Document Page
Relation of organisational context with duty and obligation of
marketing
Good communication needs to be set up among these distinct functions
so that co-ordination can be well settled between them.
Document Page
Continued...
Customer service – communication helps in improving services
for clients
Efficiency By effective interaction between different
departments quality of services improves.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Continued...
Develop Trust
Conflict resolution
Customer service
Conflict Efficiency
Document Page
Document Page
Conclusion
From above report it can be concluded that
marketing is an important function for any
organisation. It helps in delivering goods and
services to distinct potential customers.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
REFRENCES
Aaboud, M and et. al., 2017. Electron efficiency measurements with
the ATLAS detector using 2012 LHC proton–proton collision data.
The European Physical Journal C. 77(3). p.195.
Aad, G and et. al., 2012. Observation of a new particle in the search for
the Standard Model Higgs boson with the ATLAS detector at the
LHC. Physics Letters B. 716(1). pp.1-29.
Document Page
THANK YOU
chevron_up_icon
1 out of 15
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]