Marketing

Maximizing profits

Satisfying wants and needs

Creating competition

Minimizing costs

Product

Place

Publicity

Price

Pricing strategy

Creating a unique product appeal

Distribution channels

Market segmentation

Determining product quality

Setting retail margins

Reaching consumers and promoting products

Establishing distribution channels

It influences consumer behavior

It determines product quality

It sets packaging standards

It dictates distribution channels

Managing financial accounts

Planning and executing marketing functions

Overseeing human resources

Developing IT infrastructure

Selling directly to consumers

Providing credit to retailers

Transporting and storing goods

Marketing research

To reduce production costs

To maximize profits

To create effective advertising

To satisfy wants and needs

Performance, place, potential, and preference

Promotion, preference, public relations, and packaging

Product range, packaging, credit, and branding

Price, public relations, place, and performance

Global marketing focuses only on online platforms

Global marketing has no ethical considerations

Global marketing involves marketing products internationally

Global marketing only considers local market trends