Exploring Key Marketing Roles and Responsibilities: An Overview
VerifiedAdded on 2023/03/23
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Report
AI Summary
This report provides an overview of marketing essentials, focusing on the roles and responsibilities within the marketing function. It covers key areas such as the Marketing Information System (MIS), pricing strategies (like McDonald's price bundling), promotion techniques (including digital media and advertising), selling methods (stores, online, and home-delivery), and distribution strategies. The report also examines various marketing responsibilities in an organizational context, including the interplay between marketing and IT, HR, R&D, customer service, finance, and sales departments. It highlights how McDonald's utilizes franchising for financing and innovative technologies like self-service kiosks, and emphasizes the importance of understanding customer needs and adapting to changing market dynamics. The report concludes by referencing various sources on international marketing, marketing research, and management essentials.
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