Importance of marketing - under developed/developing economy, Marketing Management

Importance of the marketing in under developed or developing economy:

Marketing has a special significance in under developed economics. A rapid development of the economy is possible only by the adopting the modern methods of marketing. Marketing in under covered economics is still in its infancy. Industrialization and the organization go hand in hand with application of modern refineries in the field of the marketing. An effective marketing system alone can bring the fruits of the production to the people. India provides the best example in this connection. Can bring the fruits of production to the people. One of the causes for the recession is actually the result of the recollecting the development in the marketing. Marketing is the most important multiplier and an effective engine of the development, it mobilizes latent economic energy and thus is the conduct, and integrity and reliability besides, economic integration is made possible through proper distribution of the products. Thus the concept of the marketing in the under developed economics has to go a long way to catch up with the requirements of rapid industrial growth.

Posted Date: 9/19/2012 3:20:58 AM | Location : United States







Related Discussions:- Importance of marketing - under developed/developing economy, Assignment Help, Ask Question on Importance of marketing - under developed/developing economy, Get Answer, Expert's Help, Importance of marketing - under developed/developing economy Discussions

Write discussion on Importance of marketing - under developed/developing economy
Your posts are moderated
Related Questions
A new technology mobile which get auto charge while using.

Characteristics of Sellings oriented concept of marketing, Marketing Management

QUESTION a) Using illustrative and numerical examples, differentiate between speculation and arbitraging in the context of foreign exchange market. b) One year borrowing

Question: "One of the key objectives of destination branding is to evoke such type of instant recognition that demarcates the destination from a crowded marketplace offering t

Experimentation and Sampling:- Promotion and Strategy – Encouraging Experimentation One of the biggest challenges for a new or recently updated product or brand is getting c

Importance of the positioning or why positioning: 1.       To create a distinctive place of a product or service in the minds of potential customers. 2.       To provide a c

1. General Admin costs cover the general running of the organisation. It includes rates, electricity and maintenance recovered from Council - see Income. 2. The high cost of a


Enumerate about the Non-durable Goods Non-durable goods are products which are normally consumed in one go or last for a few uses. Illustrations of such products are soap, s

i dont understand a math question it says: A cclass of students conduct a servey of 1,000 students. The servey reveals 20% of the students speak spanish. How many students is that?