Wednesday, May 6, 2020

Marketing, Management And Finance - 1176 Words

In the very complicated world of business there are three main things you need to focus on, Marketing, Management and Finance. Now to get more in depth on marketing. Marketing is a group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas to create exchanges that satisfy individual and organizational goals. Marketing ensures that the products consumers want to buy are available at a price they are willing to pay and that the consumers are provided with information about the product features and availability. Marketing is very important, all organizations of all sizes use it. There are some basic principles to marketing. There is the nature of marketing, the strategies of marketing, the buying behavior, and the impact of the environment on marketing. Let’s look more closely at these basic principals of marketing. The nature of marketing is a very important basic principle when it comes to marketing in a bu siness. The activities that come from marketing create value by allowing individuals and organizations to obtain what they need. You need to know what the customers want and how to satisfy them with your goods or services. They need to be conveniently available, competitively priced, and uniquely promoted. To a business, marketing is an important part of their strategy. Marketing however is not manipulating your customers into buying products they don t want, so never think that. It’s about theShow MoreRelatedAccounting, Finance, Marketing, And Business Management1487 Words   |  6 PagesWe investigated the different industries in business and the different skills associated with these industries. We decided to research accounting, finance, marketing, and business management. Each group member conducted an interview with an employee who had experience in the specific industry. 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