Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

The marketing process does not take place automatically. It requires that certain marketing functions or activities be performed by various marketing institutions - and by consumers themselves. The following eight functions are essential to the marketing of all goods: buying, selling, transporting, storing, grading, financing, risk taking, and market information. No matter how simple or complex the marketing process is, these functions must be performed. Some functions may be performed several times to facilitate the marketing of a given product, while others may be performed only once. At times, the performance of a function may be shifted from one member of a marketing system to another. For example, some modern wholesalers and retailers shift the burden of storing goods back to manufacturers. But, the fact remains that each of the eight functions must be performed by someone at least once before any good can be marketed - none can be eliminated.

Question Name a product for which all eight marketing functions do not need to be performed by someone somewhere in the marketing system. Explain your thinking about what functions do not need to be performed.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91767307

Have any Question? 


Related Questions in Operation Management

What are some reasons for resistance to change evaluate

What are some reasons for resistance to change? Evaluate three (3) communication strategies.

Review the wilson brothers case scenario attached and

Review the Wilson Brothers Case Scenario attached and, address the required ten (10) topics listed below with regards to their link to the happenings in the case study.   For example, under Work Groups/Teams (The existen ...

Please help with the following 2 questions please provide

Please help with the following 2 questions. Please provide a separate answer and a reference for each. Q1. Discuss the strategic importance of layout decisions. How can a particular layout affect a company's strategic go ...

Please address the following three needs assessment factors

Please address the following three needs assessment factors in three double-spaced pages (four maximum): Explain the importance of focusing on improved performance in the needs assessment process. Describe why data colle ...

1 what were the reasons behind not performing to a higher

1) What were the reasons behind not performing to a higher standard in your previous academic opportunities and what specific, concrete steps do you intend to take to be successful in the requested program? (200 words an ...

Based on module fives articles on effective behavior change

Based on Module Five's articles on effective behavior change techniques in the prevention and management of childhood obesity, explain some of the practices that will enhance good health. Frame your answer around a major ...

1 how many feasible solutions are there in a linear program

1. How many feasible solutions are there in a linear program? Which ones do we need to examine to find the optimal solution? (DQ#8 p.705) 2. In the two videos this week regarding single and multi server queues, what are ...

Why do we need to change the belief in the possibility of

Why do we need to change the belief in the possibility of unlimited growth if we are to live well in the Anthropocene (human activities have significant global impact)? What does unlimited growth mean? Can you give an ex ...

Discussionread case study 24the widgets lsquor us case

DISCUSSION Read Case Study 2.4 The Widgets ‘R Us case study is a case with a problem of how the company is set up and how the company will handle operations with its projected growth. Answer the following questions: • Yo ...

Assignment operations management question 1 - calcomp

ASSIGNMENT: OPERATIONS MANAGEMENT QUESTION 1 - CALCOMP: DISASTER BECOMES SUCCESS Flash back to the early 1980's. The only thing world-class about Calcomp was the mess it was in. The company that practically invented the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro