BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

CUSTOMER RELATION MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Kotler identified 3 of the most important business orientations, including:
A
Finance
B
Product
C
SDM
D
Customers
Explanation: 

Detailed explanation-1: -The marketing concept rests on four pillars: target market, customer needs, integrated marketing and profitability.

Detailed explanation-2: -They are: segmentation, targeting, positioning, needs, wants, demand, offerings, brands, value and satisfaction, exchange, transactions, relationships and networks, marketing channels, supply chain, competition, the marketing environment, and marketing programs.

Detailed explanation-3: -In this measure, market orientation is conceptualised as a one-dimensional construct, with three components, namely: customer orientation, competitor orientation, and interfunctional coordination.

Detailed explanation-4: -In his theory Kotler explained that there were 7 marketing mix elements consisting of Product, Price, Place, Promotion, People, Process, and Physical Evidence.

There is 1 question to complete.