Importance of marketing - under developed/developing economy, Marketing Management

Assignment Help:

Importance of the marketing in under developed or developing economy:

Marketing has a special significance in under developed economics. A rapid development of the economy is possible only by the adopting the modern methods of marketing. Marketing in under covered economics is still in its infancy. Industrialization and the organization go hand in hand with application of modern refineries in the field of the marketing. An effective marketing system alone can bring the fruits of the production to the people. India provides the best example in this connection. Can bring the fruits of production to the people. One of the causes for the recession is actually the result of the recollecting the development in the marketing. Marketing is the most important multiplier and an effective engine of the development, it mobilizes latent economic energy and thus is the conduct, and integrity and reliability besides, economic integration is made possible through proper distribution of the products. Thus the concept of the marketing in the under developed economics has to go a long way to catch up with the requirements of rapid industrial growth.


Related Discussions:- Importance of marketing - under developed/developing economy

Explain in details the elements of marketing mix, Question 1: (a) How ...

Question 1: (a) How does the marketing mix help to ensure that marketing effort is effective? (b) Explain in details the elements of marketing mix. Question 2: (i)

Brand policies and strategies, Brand policies and strategies:   Other b...

Brand policies and strategies:   Other brand policies and strategies are: 1.       Multiple brand policy: under this policy, the manufacturer uses different brands for his

Innovation, Innovation Any modernizing modification in a process or pro...

Innovation Any modernizing modification in a process or procedure which is increases the efficiency of that process or procedure.  Information technology has been the catalyst

Chain of distribution, how are cereals distributed to reach the consumers

how are cereals distributed to reach the consumers

Concept of marketing information system, Concept Of Marketing Information S...

Concept Of Marketing Information System: marketing information system (MKIS) is an orderly procedure for the regular collection of raw data both internally and externally and the

Major decisions in sales promotion, Major decisions in sales promotion: in...

Major decisions in sales promotion: in using sales promotion a company must establish its objectives select the tools develop the program pretest the program implement and control

Explain the benefits of undertaking market segmentation, Marketers know tha...

Marketers know that they cannot appeal to all buyers in their markets or at least not to all buyers in the same way. Buyers are too numerous, too widely scattered, and too varied i

Product differentiation, P r o du c t Differentiation: Product ...

P r o du c t Differentiation: Product differentiation and product positioning are essential themes in the marketing strategy. Product differentiation is one of the basi

International Marketing, David Ricardo''s theory of comparative advantage i...

David Ricardo''s theory of comparative advantage is an improvement over Adam Smith''s theory of absolute advantage.

Market analysis, Milk consumption per day 1)250ml 2)500ml 3)1 litr 4)More ...

Milk consumption per day 1)250ml 2)500ml 3)1 litr 4)More than 1 litr

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd