what are the eight interrelated functions of marketing?
what are the eight interrelated functions of marketing?
Answer
Brief Explanations:
Marketing has several key functions. Product planning involves developing and managing products. Pricing determines the cost of products. Promotion is about communicating product value. Selling focuses on closing deals. Physical distribution deals with getting products to customers. Financing provides funds for marketing activities. Risk - taking involves dealing with uncertainties. Standardization and grading ensure product quality consistency.
Answer:
- Product planning
- Pricing
- Promotion
- Selling
- Physical distribution
- Financing
- Risk - taking
- Standardization and grading