Importance of marketing to business Table of contents Introduction 3 Importance of marketing to business 3 Conclusion 5 Reference list 7 Introduction Marketing has become more and more important‚ especially as the purposes of marketing expanded into performing marketing researches. Through marketing researches‚ it is asserted that marketing starts with a real customer need. Classic marketing‚ has‚ nonetheless‚ focused on making the need that will draw
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Mode 1 Act 1.5MR John Doe 1. Do you think an employee’s productivity is affected by whether they are satisfied or unsatisfied as an employee? Yes of course Explain your answer. If an employee does not feel like there are important or is not satisfied with their work their work and productivity will always suffer. Nobody likes doing what we don’t want to. Sometimes we have too but it doesn’t mean we will excel at it. At our work I don’t like to paint‚ I will provide primer coats to a repair or touch
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Define control and discuss the control process and the importance of control in business organizations. * Define control Management process in which the (1) actual performance is compared with planned performance‚ (2) difference between the two is measured‚ (3) causes contributing to the difference are identified‚ and (4) corrective action is taken to eliminate or minimize the difference Control Process The control process is a continuous flow in Taj between measuring‚ comparing and action
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Introduction The term “marketing mix” was introduced by Neil Borden in his 1964 article “The Concept of the Marketing Mix”. Borden’s (1964) original marketing mix was a list of 12 elements that make up a marketing programme. McCarthy (1964) refined Borden’s list and reduced Borden’s 12 elements to four Ps: product‚ price‚ place and promotion. In addition‚ McCarthy (1964) defined the marketing mix as “a combination of all the factors at a marketing manager’s command to satisfy the target market”
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are both fundamental to a successful organisation‚ a distinction between the two should be made; although they are both similar in definition and function they do differ in importance in and effect on organisations. It is contended that the implementation of good management has a greater benefit‚ and therefore has more importance‚ to an organisation than leadership because: leading is considered as an element of the management function; to manage an organisation is to sustain it whereas to lead is
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Completing this National Tourist Record System Project is definitely not a smooth sailing task. I would like to take this opportunity to extend my heartfelt appreciation to the following people who had helped me in one way or another. Without your knowledge‚ expertise‚ assistance‚ patience‚ support and encouragement‚ the completion of
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Success is a Journey Not a Destination Some people may believe that the destination is more important that the journey. A quote from Ben Sweetland “Success is a journey‚ not a destination” When on a journey the destination doesn’t matter because the journey will give you future success. When along a journey the destination does not matter but‚ the journey is what matters most because you the journey may affect one’s future greatly. Along the journey one will gain experience no one could gain without
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Organizational ImpactOrganizations use innovation and creativity to transform‚ reinvent‚ transition and modify the services and products they offer in order to accommodate the market needs and demands. Change is difficult for organizations that do not have innovative programs or think innovation to be an important advantage and ingredient for growth and profitability. Innovation is necessary to make the transitions and modifications to the business strategy which result in competitive advantage‚
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The marketing system is very important than the producing of any of goods and services.The points of view of producer‚ middlemen and consumers are different‚ but each is interested with his profit. From the producer point of view it is important to know whether the prices prevailing in the market enable him to continue to produce or not‚ and what he should produce and where and at what time he should sell it. A consumer looks at marketing from the point of view of commodity and the prices at which
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Volleyball: Spiking your way into Success “Obesity in proliferating in the United States: 3.8 million people are over 300 pounds‚ over 400‚000 people (mostly males) carry over 400 pounds and the average adult female weighs an unprecedented 163 pounds!” states The Latest Statistics on America’s Obesity Epidemic article from American Sports Data inc. While I find this shocking‚ I’m less astounded when I consider the millions of McDonalds and Burger Kings located around the world. There is
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