Question

DEFINE MARKETING? DISCUSS IMPORTANCE OF MARKETING IN TODAY'S WORLD

Answer 1

Answer:

Marketing is part of the management process responsible for identifying, anticipating, and satisfying customer requirements profitably.

1. It’s about exchange and transfer- It is the bridge between the consumer and the producer which facilitates the transfer of proprietorship for various goods and services.

2. The living standard of a community- Prof. Malcolm McNair states “Marketing is the conceptionto delivery of the living standards ofthe society” whereas according to Paul Mazur it’s the delivery of standard of living. It is the maintainer of the prices of goods to attain a reasonable level for existence.

Explanation:

I hope this will help you

please mark me as brainliest

Answer 2

Answer:

Marketing is a process where people exchange good and service for money or something to value of them

IMPORTANCE OF MARKETING

1. Marketing help in exchange and movement of good

2. Marketing create employment

3. Marketing is a source of income

Explanation: