Marketing Essentials: Roles, Responsibilities & Org Context Report
VerifiedAdded on 2023/01/06
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Report
AI Summary
This Marketing Essentials report provides an overview of the roles and responsibilities of the marketing function within an organization, emphasizing its connection to the wider organizational context. It highlights the importance of marketing in achieving competitive advantages through customer satisfaction, product development, and service enhancement. The report uses Walmart Inc. as an example, detailing how its marketing department focuses on market research, anticipating customer needs, enhancing customer satisfaction, improving marketing plans, and building brand equity. Furthermore, it discusses the coordination between marketing and other departments like Human Resources, Finance, and Production, showcasing how effective marketing support contributes to overall organizational performance. The report concludes that marketing is a critical element for any business, responsible for promotional activities and overall organizational success.
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