The Role of Marketing in the Organization
A key task for any business is defining the role that marketing will play in the organization. A company must decide what overarching philosophy will guide a company’s marketing efforts, determine how to organize and manage the marketing department, and, ultimately, find the best means to build a customer-centric organization that can deliver value to company stakeholders.27
What philosophy should guide a company’s marketing efforts? Let’s first review the evolution of marketing philosophies.
The production concept is one of the oldest concepts in business. It holds that consumers prefer products that are widely available and inexpensive. Managers of production-oriented businesses concentrate on achieving ...
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