MANAGEMENT

Detailed explanation-1: -Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.

Detailed explanation-2: -Product, price, promotion, and place form the four Ps of the marketing mix. These are the key factors that are involved in introducing a product or service to the public.

Detailed explanation-3: -The key purpose of marketing is to get people interested in the products or services of a company. This happens through market analysis, research, and contemplating the interest of a business’s ideal customers and attracting them through messaging which would be educational and helpful to a business’s target group.

Detailed explanation-4: -Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. ( Approved 2017)

Detailed explanation-5: -The four main areas of marketing are: The 4 Ps Product: The product you want to market. Price: The price at which you want to sell the product. Place: The place from which the customer or buyer will purchase the product. Promotion: Promotion is the way you want to promote your product.