The development of definitions of marketing
MARKETING is the performance of business activities
that direct the flow of goods and services from
producers to consumers. (The 1935 Definition)
MARKETING is the process of planning and executing
the conception, pricing, promotion and distribution of
ideas, goods and services to create exchanges that
satisfy individual and organization objectives. (The 1985 Definition)
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.
(The 2000 Definition)
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