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Marketing is usually seen as the task of creating, promoting, and delivering goods and services producers to consumers. This has been the case for a long time, and marketing may sound simple when you look closely at the situation. But only when we analyze, we find how many changes have taken place in each sector of this creation, promotion, and delivery.
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MKT501 MIDTERM PAST PAPERS:
Internet and satellite communications have caused the globe to shrink to almost a few seconds. Actually, all of them things have changed. Marketing itself involves many aspects. Marketing is difficult today awareness and information exchange. Marketing is not just about delivering a product. In fact, it means much more than just promotion and delivery. Marketing is now: “The right product for the right people at the right time in the right place at the right price with the right services”.
MKT501 MIDTERM PAST PAPERS BY MOAAZ: –
This is a term that has many forms. But in business, we use the term to refer to an individual who derives the product’s direct utility. A consumer has a budget and he or she tends to deduce maximum benefit within this budget.
MKT501 MIDTERM SOLVED PAPERS: –
Markets have expanded from urban to international; the mode of transport has changed. The marketing challenges are to find what is right. Marketing’s job is to stimulate demand for the company’s product. Marketing’s job is to manage demand, just as manufacturing and logistics professionals are responsible for supply management.