BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Harold Koontz
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Kreitner
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Philip Kotler
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Robert L. Trewelly
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Detailed explanation-1: -Marketing experts, Philip Kotler and Kevin Lane Keller, define “marketing management” as “…’the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value”.
Detailed explanation-2: -Management Guru Philip Kotler defines marketing as “Marketing Management is the analysis, planning, implementation anc control of programmes designed to bring about the desired exchanges with target audiences for the purpose of personal and mutual gain.
Detailed explanation-3: -The Societal Marketing Concept. This concept holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors (this is the original Marketing Concept).