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Inessa05 [86]
4 years ago
11

You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement

Business
1 answer:
Serga [27]4 years ago
3 0

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

You might be interested in
How does executive compensation can help manage interest over stockholder interest?
sdas [7]

Executive compensation includes benefits such as salaries, perks, incentives, and insurance.

It's hard to read business news without encountering articles about salaries, bonuses, and stock option packages given to CEOs of publicly traded companies. It's not easy to understand the numbers for evaluating how companies are paying their top talent. Investors must ensure that executive compensation works in their favor.

The board, at least in principle, seeks to align management's actions with the company's success through remuneration agreements. The idea is that the CEO's performance adds value to the organization. “Pay for performance” is the mantra most companies use when describing compensation plans.

Most people can support the idea of ​​paying for results, but this concept implies that the CEO takes risks. The CEO's wealth should scale with the company's wealth. When considering a company's compensation program, look at the extent to which management is involved in generating returns for investors.

Learn more about Executive Compensation here : brainly.com/question/14391055

#SPJ4

4 0
2 years ago
Research that provides detailed verbal or visual information about consumers feelings is _______ data.
natta225 [31]

Rather than providing numerical data, qualitative data provides in-depth verbal or visual information on consumers' views, feelings, and purchasing patterns.

  • This study employs a small sample size, is non-linear and cyclical, and seeks to methodically reveal the breadth of human experience within its context. It also focuses on depth rather than breadth. The goal of qualitative research is to discover meaning and understand how people interpret their experiences, construct their worlds, and give meaning to their experiences.
  • Qualitative research entails gathering and analyzing non-numerical data to better understand ideas, opinions, or experiences. It can be used to uncover intricate details about a problem or to generate new research ideas.

Thus this is what it means by Qualitative Research.

To learn more about Qualitative Research, refer: brainly.com/question/13498255

#SPJ4

3 0
2 years ago
Steve leads the administrative department of Mayo Pvt. Ltd. He encourages people to perform to their maximum potential by provid
Bas_tet [7]

Answer:

The answer is: C) Human capital is more important than financial capital.

Explanation:

Steve emphasizes the value of human resources or human capital. He is convinced that the prime factor in the success of a company is its human capital. The actions he takes empowers his staff by giving them a say in the decision making processes.

8 0
4 years ago
1. What are the advantages and disadvantages of an employer conceding to union demands concerning wages and benefits in terms of
blagie [28]

Answer:

Yes, it is worth it.

Explanation:

Advantages

(1) it improves industrial harmony

(2) it improves production productivity

Disadvantage

(1) It can lead to industrial unrest

(2) it can lead to increased business operational cost

8 0
4 years ago
An employer must reasonably accomodate the religious practice of its employees, unless to do so would cause undue hardship to th
timofeeve [1]
Employees must respect religious freedom unless to do so would cause undue hardship. The answer is true.
3 0
3 years ago
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