Management and marketing within business Organization Essay - 1

Management and marketing within business Organization - seek ExampleOn the other hand, marketing is a process of informing the customers about the value or utility of a product or service, and to upgrade the customers to purchase it. It is defined as the process of determining the needs and wants of consumers and being able to deliver products that satisfy those needs and wants. Marketing includes all of the activities necessary to motion a product from the producer to the consumer (What Is Marketing?, n.d, p.13)2Management is a process which helps to achieve group goals, Optimum Utilization of Resources, reduction of costs. It is a process which establishes telephone organization and equilibrium. Moreover, it helps the society to achieve prosperity (Importance of management.2012)3. Man, material, machine, and money are the four most important resources of an organization. Management is the process, which helps the coordination of all these organizational resources. For example, f inance department is answerable for the management of money in an organization. Same way, human resource department insure after the manpower resources whereas engineering or production department look after the machineries and materials. Even though different departments are controlling the organizational resources, it is the process of management, which helps them to utilize these resources judiciously so that the organization benefits from these resources.Many people accommodate the illusion that management is a function restricted only to the executives of an organization. In fact, Management is a function usually undertaken by people of all calibre. For example, a housekeeper is responsible for managing the resources of a house properly whereas a construction worker is responsible for managing the works assigned to him. A housewife manages the education of her children while her save manages other family matters. In short,