BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To sell
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To buy
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To see the ratio of buy and sell
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To have an understanding of how Markets work
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Detailed explanation-1: -Marketing management works to ensure a company is profitable by gaining new customers, expanding a customer base, building a company’s reputation, and improving customer interactions. Some essential marketing functions of marketing management include managing, analyzing, and aligning with a company’s goals.
Detailed explanation-2: -Marketing managers track, analyze, and report on the impact of all activities. You look for ways to improve the team’s efforts and better engage with prospective customers. You may also evaluate competitors and compile and share industry trends.
Detailed explanation-3: -Four goals have been suggested: improve utilization, improve client satisfaction, improve selection, and improve way of life. Many business individuals believe that marketing’s job should be to stimulate maximum possible utilization, which will create maximum possible technology, profession, and variety.
Detailed explanation-4: -The overall goal for the marketing mix is to consistently deliver a compelling value proposition that reinforces the firm’s chosen positioning, builds customer loyalty and brand equity among target customers, and achieves the firm’s marketing and financial objectives.