Saturday, March 31, 2007

What is marketing?

Marketing is one of the terms in academia that does not have one commonly agreed upon definition. Even after a better part of a century the debate continues. In a nutshell it consists of the social and managerial processes by which products, services and value are exchanged in order to fulfill individual’s or group’s needs and wants. These processes include, but are not limited to, advertising.[1]

No comments: