MANAGEMENT

Detailed explanation-1: -Marketing activities are essential for international trade. The use of marketing always has positive results. Marketing activities, including the use of promotion, cannot actually increase the sales of products and services. The average cost of all marketing activities is about 50 percent of the price of products.

Detailed explanation-2: -Why is marketing so important? Every company needs to apply marketing strategies to: increase sales, define products or services, create connections with new collaborators or partners, get new customers, build customer loyalty, create a brand, internationalize the company through the media…

Detailed explanation-3: -The importance of marketing for your business is that it makes the customers aware of your products or services, engages them, and helps them make the buying decision. Furthermore, a marketing plan, a part of your business plan helps in creating and maintaining demand, relevance, reputation, competition, etc.

Detailed explanation-4: -Green Marketing Refers to the development and promotion of products that are presumed to be environmentally safe (i.e., designed to minimize negative effects on the physical environment or to improve its quality).

Detailed explanation-5: -Which of the following is true of a market-directed economy? Macro-level decisions for the whole economy are based on the individual decisions of the economy’s many producers and consumers.