Explain marketing and non marketing activities
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marketing:The management process through which goods and services move from concept to the customer. It includes the coordination of four elements called the 4 P's of marketing:
(1) identification, selection and development of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the customer's place, and
(4) development and implementation of a promotional strategy.
For example, new Apple products are developed to include improved applications and systems, are set at different prices depending on how much capability the customer desires, and are sold in places where other Apple products are sold.
non marketing:
nonmarket forces are those acting on economic factors from outside the market system. They include organizing and correcting factors that provide order to market and other societal institutions and organizations – economic, political, social and cultural – so that they may function efficiently and effectively as well as repair their failures.
hope so it is useful
(1) identification, selection and development of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the customer's place, and
(4) development and implementation of a promotional strategy.
For example, new Apple products are developed to include improved applications and systems, are set at different prices depending on how much capability the customer desires, and are sold in places where other Apple products are sold.
non marketing:
nonmarket forces are those acting on economic factors from outside the market system. They include organizing and correcting factors that provide order to market and other societal institutions and organizations – economic, political, social and cultural – so that they may function efficiently and effectively as well as repair their failures.
hope so it is useful
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Market activities
These activities are performed for pay or profit such as teacher engineer or doctor
Non-marketing activities
These activities are performed for self consumption such as mother cooks food for her family
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