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Define Marketing
Essay specific features
Written by:
Mervin M
Date added:
October 30, 2011
Level:
University
Grade:
C
No of pages / words:
5 / 1236
Was viewed:
9901 times
Rating of current essay:
Essay content:
According to Randall Chapman, The World Marketing Association also has a definition, different, but equally as accurate and good. The WMA states that "marketing is the core business philosophy which directs the processes of identifying and fulfilling the needs of individuals and organizations through exchanges which create superior value for all parties" (Chapman, 2003)...
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The AMA makes mention here of satisfying the goals of an individual or company through marketing; the WMA on the other hand, mentions that marketing seeks to achieve value for both sides, the consumer and the organization that created the marketing. I like this because this definition illustrates very clearly that marketing must fulfill the needs of both sides to a transaction...
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