BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the enviroment of Marketing Management?
A
school
B
anywhere that plays the role of market
C
traditional market
D
modern market
Explanation: 

Detailed explanation-1: -The marketing process ensures the following: It ensures that customers are able to buy the products they want. It ensures that producers are able to sell products in a free market. It ensures a stable financing is available to conduct production.

Detailed explanation-2: -The marketing environment of a business consists of an internal and an external environment. The internal environment is company-specific and includes owners, workers, machines, materials etc. The external environment is further divided into two components: micro & macro.

Detailed explanation-3: -A marketing manager would undertake market research, understand the trends and customer preferences, create marketing strategy and budgets, oversee the creation of marketing materials and content, and perform all other relevant tasks essential for increasing the business’s sales.

There is 1 question to complete.