Tesco's Marketing: Roles, Responsibilities, and Interrelation Analysis
VerifiedAdded on 2023/01/19
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Report
AI Summary
This report provides an overview of essential marketing concepts, processes, and the roles and responsibilities of a marketing manager, particularly within the context of Tesco. It emphasizes the importance of understanding different marketing concepts such as the production and product concepts, and outlines the marketing process, including market analysis, target market selection, and marketing mix development. The report further details the marketing manager's responsibilities in developing marketing strategies, monitoring the marketing environment, and establishing pricing strategies. It also highlights the interrelation between the marketing department and other functional departments like production management, underscoring the importance of coordination for fulfilling customer needs and meeting delivery schedules. The significance of marketing in Tesco is discussed, emphasizing its role in developing customer relationships, creating competitive environments, and expanding product distribution. The report concludes that the success of any organization, including Tesco, depends on the effective interrelationship of all departments, with the marketing team playing a crucial role in driving overall business success.
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