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By Saughat dass 
53
1-2 
Marketing is an organizational function 
and a set of processes for creating, 
communicating, and delivering value 
to customers and for managing 
customer relationships 
in ways that benefit the 
organization and its stakeholders.
1-3 
Marketing management is the 
art and science 
of choosing target markets 
and getting, keeping, and growing 
customers through 
creating, delivering, and communicating 
superior customer value.
1-4 
GGooooddss 
SSeerrvviicceess 
EEvveennttss && EExxppeerriieenncceess 
PPeerrssoonnss 
PPllaacceess && PPrrooppeerrttiieess 
OOrrggaanniizzaattiioonnss 
IInnffoorrmmaattiioonn
1-5
1-6 
Nonexistent Latent 
Negative 
Declining Irregular 
Full Overfull Unwholesome
1-7 
Consumer Markets 
Business Markets 
Global Markets 
Nonprofit/ Government Markets
 Needs, wants, and 
demands 
 Target markets, 
positioning, 
segmentation 
 Offerings and brands 
1-8 
 Value and 
satisfaction 
 Marketing channels 
 Supply chain 
 Competition 
 Marketing 
environment
1-9 
Production 
Product 
Selling Marketing
1-10
1-11
1-12

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Marketing mngmt

  • 2. 1-2 Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.
  • 3. 1-3 Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
  • 4. 1-4 GGooooddss SSeerrvviicceess EEvveennttss && EExxppeerriieenncceess PPeerrssoonnss PPllaacceess && PPrrooppeerrttiieess OOrrggaanniizzaattiioonnss IInnffoorrmmaattiioonn
  • 5. 1-5
  • 6. 1-6 Nonexistent Latent Negative Declining Irregular Full Overfull Unwholesome
  • 7. 1-7 Consumer Markets Business Markets Global Markets Nonprofit/ Government Markets
  • 8.  Needs, wants, and demands  Target markets, positioning, segmentation  Offerings and brands 1-8  Value and satisfaction  Marketing channels  Supply chain  Competition  Marketing environment
  • 9. 1-9 Production Product Selling Marketing
  • 10. 1-10
  • 11. 1-11
  • 12. 1-12