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Topic: Miscellaneous
Number of pages / Number of words: 4 / 925
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Marketing is to establish, maintain and enhance long-term customer relationships at a profit, so that the objectives of the parties involved are met. This is done by mutual exchange and fulfilment of promises

The new definition of marketing, as released by the American Marketing Association, is: "Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders" (AMA, 2006)...


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This is done by mutual exchange and fulfilment of promises

The new definition of marketing, as released by the American Marketing Association, is: "Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders" (AMA, 2006)...


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