Archive | Management

Communication: Meaning and Elements | Marketing

After reading this article you will learn about Communication:- 1. Meaning of Communication 2. Elements of Communication. Meaning of Communication: The word communication is derived from the Latin communes which means 'common' We attempt to communicate, that is, to establish a 'Commonness' with another person. There are three essential parts of communication, viz., the source, message and receiver. True communication [...]

By |2016-07-12T14:11:13+05:30July 12, 2016|Marketing Mix|Comments Off on Communication: Meaning and Elements | Marketing

Market: Meaning, Concept and Types | Management

After reading this article you will learn about Market:- 1. Meaning of Market 2. Concepts of Market 3. Types. Meaning of Market: The concept of market is very important in marketing. The American Marketing Association defines a market as the aggregate demand of the potential buyers for a product/ service. P. Kotler defines a market as an area for potential [...]

By |2016-07-12T14:11:13+05:30July 12, 2016|Marketing Functions|Comments Off on Market: Meaning, Concept and Types | Management

Product: Concept, Meaning and Development

After reading this article you will learn about:- 1. Concept of Product 2. Meaning of Product 3. Product Planning and Development 4. Product Innovation 5. Positioning the Product in the Market.  Contents: Concept of Product Meaning of Product Product Planning and Development Product Innovation Positioning the Product in the Market 1. Concept of Product: The product is the most tangible [...]

By |2016-07-12T14:11:13+05:30July 12, 2016|Marketing Mix|Comments Off on Product: Concept, Meaning and Development
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