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

I am in very critical condition. i am in bachelore level for 8th semester with the assignment of completion of research based report and i am unable to collect all information in m

What are the Marketing Objectives - pricing decisions A firm may have different marketing objectives like maximisation of profit, maximisation of sales, survival in the mar

Q. Nature of Message in advertising? Nature of Message : If advertising note is informative in nature then newspaper will be suitable. If ad-message is to convince consumers t

Does marketing exist solely to increase profit? If this is the case, then marketing in nonprofit organizations can be said to be useless. discuss

Explain about the Professional and Direct Purchasing in business market and the consumer market. Professional Purchasing: Products into business markets are purchased usua

all triangles have right angles. is that right?

Intensity of the distribution (market coverage): The nature and intensity of the competition in the industry will determine the distribution pattern adopted by a firm. Some

what are the core marketing concepts?

Classification of Advertising 1.       Advertising may be bordaly classified from the points of view businneesaims coverage users and nature of appeal this is condensed in a ch