BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is Marketing’s Role in a Private Enterprise System?
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Marketing fits into every facet of our lives, whether on a global scale or right in our own neighborhoods
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Provides benefits that make our lives better, promoting using natural resources more wisely, and encourage international trade
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Without marketing, we would all have to be self-sufficient
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all of above
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Explanation:
Detailed explanation-1: -Marketing’s role in a private enterprise system allows for you to be aware of, have access to, and the ability to purchase the goods and services you may want/need.
Detailed explanation-2: -It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department’s job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
Detailed explanation-3: -Build awareness about a brand. Grow a company’s market share. Innovate and launch new services and products or pivot from existing models.
There is 1 question to complete.