B2B
0104
Problem
How can a manager avoid the “trappings” of marketing?
Step-by-step solution
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Step 1/3
Businesses which buy goods or services to be utilized in the production of goods and services which are sold, rented, or provided to others are included in the business-to-business market. Additionally, it covers retail and wholesale businesses which buy products to resell and rent them to other people (Kotler and Armstrong, 2001).
Step 2/3
A manager could avoid the trappings of marketing by the following ways:
• Assurances of backing from senior management.
• Establishing a marketing company with product management.
• Innovative methods for strategic or marketing planning.
• Full marketing information systems (MIS).
• Raising marketing budgets for training, analysis, as well as advertisement.
Step 3/3
As stated, are the methods by which a manager can avoid the trappings of marketing.