Topic One: The Discipline of Marketing
Submitted by lev_lafayette on Sat, 01/09/2010 - 07:09Marketing is a way of thinking and an approach to business that is based on the organisation's attempt to meet its customers' needs as best it can and to simultaneously create value for the organisation and for the customer.
As an activity marketing is a process that matches the wants and needs of customers with an organisation's ability to meet these wants and needs by providing appropriate goods and services. It creates value for the customers by:
- giving them suitable products (goods or services)