Describe several reasons for studying marketing

Assignment Help Business Management

Reference no: EM131265779

Describe several reasons for studying marketing. First, marketing affects the allocation of goods and services that influence a nation's economy and standard of living. Second, an understanding of marketing is crucial to understanding most businesses. Third, career opportunities in marketing are diverse, profitable, and expected to increase significantly during the coming decade. Fourth, understanding marketing makes consumers more informed.

1 . Write a letter to a friend or family member explaining why you think that a course in marketing will help you in your career in some field other than marketing.

Reference no: EM131265779

Questions Cloud

Comparison ad contrast of the standards : Comparison ad Contrast of the Standards in the following areas:

Discuss the differences between sales and market orientation : Draft a letter explaining why the supermarket's slogan will never be credible unless the employees carry it out.-- How do you think Philip Morris is able to justify such marketing tactics?

Inventory reorder point should the company establish : An order quantity of 714 is used. The constant lead time for the product from the supplier is 6 working days. What inventory reorder point (ROP) should the company establish? (round to the nearest integer)

What is the total partnership capital : Peter, Roberta, and Dana have the following capital balances; $80,000, $100,000 and $60,000, respectively. The partners share profits and losses 20%, 40%, and 40% respectively. What is the total partnership capital after Roberta retires receiving $16..

Describe several reasons for studying marketing : Describe several reasons for studying marketing. - Write a letter to a friend or family member explaining why you think that a course in marketing will help you in your career in some field other than marketing.

Cost-minimizing solution for product : A product has a demand of 507 units per year. Ordering cost is $71 per order, and holding cost is $9 per unit per year. The cost-minimizing solution for this product is to order how many units at a time? (Round to the nearest integer)

Partnership and the goodwill method : P, L, and O are partners with capital balances of $50,000, $30,000 and $20,000 and who share in the profit and loss of the PLO partnership 30%, 20%, and 50%, respectively, when they agree to admit C for a 20% interest. If C contributes $40,000 to the..

Draw the corresponding time-phased diagram : MGMT 3060 - Problem Sheet Assignment Draw the product structure tree and Draw the corresponding time-phased diagram showing lead times to scale - Determine the final assignments that will minimize total cost, using the Hungarian LP method.

Discuss by means of mmf phasor diagrams : Discuss by means of mmf phasor diagrams the changes that occur in the power output, magnitude and phase angle of the armature current and torque angle.

User Account

All Pages