Marketing Introduction

Task 1 / A This report looks at the news report of trade, the marketing concept and service and also at a marketing-oriented formation opposed to a ingathering-oriented composition. There are numerous explanations of marketing, just we will look at the i from the lease demonstrate of Marketing. Marketing is the management process which identifies, anticipates and supplies customer requirements efficiently and profitably. The CIM definition recognizes marketing as a management process although, in real life, many firms organize marketing as a discrete department rather than across entirely departments (Sheth and Sisodia, 2005). The CIM definition emphasizes the importance of the customer and determining their requirements and their needs. The CIM definition states that marketing is a process with a profit motive , correct though it does non explicitly state whether or not this is for financial profit, or some other form of profit, e.g. of recognize in soc iety, as in the case of a charity.(Baines P. et al. 2008) A market-oriented organisation manages its services, activities and products depending the needs and wants of its customers, opposed to a product-oriented company, where the main concentrate is on the product and on the knowledge, skills and systems that support the product.

Market and product orientation[Online].Available at : http://businesscasestudies.co.uk/business-theory/operations /market-and-product-orientation.html [Accesed 25/10/2012]. (Baines P. et al. 2008) McDonalds organisation is whiz of the best known brands all around the world. McDonal ds continually aims to contour its brand b! y listening to its customers. It also identifies the various stages in the marketing process.  The brand image represents how consumers view the organisation. McDonald`s places a big emphasis on developing a circle board that customers want. Market research establishes exactly what this is. However, customers requirements change in time. In order to meet these...If you want to get a near essay, order it on our website: BestEssayCheap.com

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