Marketing Essentials: Roles, Responsibilities, Interrelationship
VerifiedAdded on 2023/01/18
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Report
AI Summary
This report provides a detailed overview of marketing essentials, focusing on the roles and responsibilities within the marketing function. It explores key concepts such as the marketing concept, production concept, product concept, selling concept, and societal concept. The report highlights the importance of marketing in meeting customer needs, ensuring organizational growth, and facing competition. Furthermore, it examines the interrelationship between marketing and other departments, specifically the Research and Development (R&D) and Finance departments, illustrating how these departments collaborate to achieve the overall objectives of the organization. The report uses Morrisons plc as a case study to demonstrate these concepts, providing a practical understanding of marketing strategies and their impact on business operations. The report concludes with a list of references that support the information provided.
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