Which of the following is not a function of marketing?a)Bending the cu...
7 Functions of Marketing - Setting and
Which of the following is not a function of marketing?a)Bending the cu...
Function of Marketing
Marketing is a business activity that involves identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of products and services. The functions of marketing include the following:
Marketing Planning
Marketing planning is the process of setting goals, objectives, strategies, and tactics for promoting products and services to target customers. It involves analyzing market trends, customer needs, and competitive forces to develop an effective marketing plan.
Product Designing and Development
Product designing and development are the processes of creating new products or improving existing ones to meet customer needs and wants. It involves research, development, testing, and launching of products that satisfy customer demands.
Gathering and Analyzing Market Information
Gathering and analyzing market information is the process of collecting data about customer needs, wants, preferences, and buying behavior. It involves using various research methods such as surveys, focus groups, and data analysis to understand market trends and customer behavior.
Not a Function of Marketing
Bending the Customers According to Product
Bending the customers according to product is not a function of marketing. It is an unethical practice that involves manipulating customers to buy products that do not meet their needs or wants. Marketing should focus on creating products and services that satisfy customer needs and wants, rather than forcing customers to buy products that do not meet their expectations.
Conclusion
Marketing is an essential business function that involves identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of products and services. The functions of marketing include marketing planning, product designing and development, and gathering and analyzing market information. Bending the customers according to product is not a function of marketing as it is an unethical practice that manipulates customers to buy products that do not meet their needs or wants.
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