BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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entering new marketplaces
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increasing the operational profitability
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increasing productivity of employees
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developing new products from within
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Detailed explanation-1: -The functional marketing organization is the most common type of marketing organization because the organization is divided into several departments having specialized functional areas. such as marketing, research, product development, advertisement, and customer relations.
Detailed explanation-2: -What Is Organic Growth? Organic growth is the growth a company achieves by increasing output and enhancing sales internally. This does not include profits or growth attributable to mergers and acquisitions but rather an increase in sales and expansion through the company’s own resources.
Detailed explanation-3: -There are four types of products and each is classified based on consumer habits, price, and product characteristics: convenience goods, shopping goods, specialty products, and unsought goods.