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

Powerpoint presentation5-7 slides with speaker notes of

Powerpoint Presentation 5-7 slides with speaker notes of 200-250 words per slide (excluding title and reference slides) If you plagiarize, you wont get paid. I check it before I accept the answer. Thanks Defining the str ...

Recent economic difficultiesrestructuringand plant closing

Recent economic difficulties,restructuring,and plant closing have left many people without jobs and looking for a new career paths. A hiring employer can now enjoy being able to select from among far more applicant than ...

Solve the following inventory management problems -problem

Solve the following inventory management problems - Problem 1 - Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is ...

Sam certo a nanaimo vet is running a rabies vaccination

Sam Certo, a Nanaimo vet, is running a rabies vaccination clinic for dogs at the local grade school. Sam can "shoot" a dog every 3 minutes. It is estimated that the dogs will arrive independently and randomly throughout ...

What are some reasons for resistance to change evaluate

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

1in your role as production planner you have experienced

1.In your role as production planner, you have experienced too many stock outs on one particular item. This item has 308 pints of demand during the lead time and a standard deviation during the lead time of 10.8 pints. C ...

Franklin a us born individual of english ancestry works for

Franklin, a U.S. born individual of English ancestry, works for the China Lights restaurant, which is owned and operated by two U.S. citizens of Chinese ancestry. Franklin's coworkers Jin Pan and Dongping Jiang, also U.S ...

Questioninvestigate on the internet the method of kaizen

Question: Investigate on the internet the method of kaizen (Japanese for "continuous improvement") and the tools that are used in the method. How different is kaizen from Six Sigma?

Emergency managers should know how to assess vital

Emergency managers should know how to assess vital buildings in communities in order to protect the occupants in light of an emergency. Access the Anytown, USA Simulation. Assess the government building in the Downtown R ...

Analyze the importance of women in the workforce from a

Analyze the importance of women in the workforce from a human resource professional perspective and discuss strategies for selecting and recruiting women in the workforce.What trainings could you provide? Discuss an effe ...

  • 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