Question

All businesses have to perform certain functions to sell their products or services and achieve success. Marketing the product or service plays an important role in achieving success. Marketing functions are those activities that an organization performs to meet its marketing objectives. Research online and describe any three marketing activities (such as distribution, financing, marketing information management, pricing, selling, promotion, and product/service management), that businesses must perform to achieve their marketing goals. How important are these interrelated functions to business success?

Answer 1

Answer:

Very important

Explanation:

As supply chain management traditionally has focused on sourcing components, materials and other supplies as well as distribution. Marketing plays an increasingly important role in the process; it balances procurement by providing essential demand information and building the relationships that help improve the efficiency of supply chain operations

Therefore marketing functions as: promotion (inform the benefit of a product ) - pricing (stablish the correct price that comunicates to the intended market) -  marketing information management (monitoring the marketplace, organizing and analyzing the results of data collection, and developing strategies for future marketing activities).

Answer 2

Answer:

Marketing helps sell your products and services in the market.

Explanation:

Marketing the product or service plays an important role in achieving success. Marketing functions are those activities that an organization performs to meet its marketing objectives.

Marketing is in charge of speaking with clients about items, clarifying who is offering them and why they are alluring. Advertising is likewise in charge of tuning in to clients and imparting back to the supplier about how well they are fulfilling client needs and open doors for development.