Are the activities of marketing management a benefit or a cost to companies?
Answer :From my point of view, marketing management means that managing the product of a firm in the market place. With the help of marketing strategy company can place right product to the right person at the right time. There is proper placement of the product in eyes of the customer. Marketing means providing right product to the right person at right time.As there are various benefit associated with marketing management such as :
Are the activities of marketing management a benefit or a cost to companies?
Management should establish control activities that are effective and efficient. When designing and implementing control activities, management should try to get the maximum benefit at the lowest possible cost. Is there any rules to get the maximum benefit?
Leveraging Supply-Chain and Logistics Management Logistic Chain Management: A marketing channel relies on logistics to make products available to consumers and industrial users. Logistics involves those activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost. The performance of these activities is logistics management, the practice of organizing the cost-effective flow of raw materials, in-process inventory, finished goods and related information from point of origin...
How would a marketing professional or a non-accountant manager benefit from knowing the cost of the company's goods? Why is this important?
How do the value chain management services provided by e-procurement companies benefit buyers? What services do they provide to suppliers? Please provide a detailed explanation for both parts of the question. Thank you.
Explain the concept of cost-benefit analysis as part of the change management process.
A number of terms are provided. timely management accounting ethical guidelines cost-benefit technical control value chain reliable corporate social responsibility strategy Use the terms from the list to complete the following sentences: 1. Management of activities, businesses, or functional areas, which managers oversee and coordinate within the organization, requires _______ and ______ information. 2. The _______ considerations help managers make wise economic decisions by providing them with the desired information in an appropriate format and at the preferred frequency. 3....
List and describe the cost-benefit analysis that management should weigh before buying and installing a new interface to its Property Management System.
One of the primary advantages of marketing logistics is ________________. A. Cost savings in inventory management B. improved customer satisfaction and fast time to market C. potentially high cost savings and improved customer satisfaction D. maximizing inbound, outbound, and reverse logistics
1. What types of companies might benefit the most from a DRP system? Give a real-world example and why DRP is valuable to them 2. The flow of materials requires a huge network of delivery vehicles. Explain how a Transportation Management System (TMS) is valuable and highlight the key benefits companies may see by utilizing a TMS
The primary activities included in the value chain include A. supply chain management, operations, distribution, sales and marketing, and customer service activities B. product R&D, technology and systems development C. human resource management D. general administration E. All of these choices are correct