marketing is the delivery of standard of living to the society.explain?

David Boehler: haha I will not do your school work for you!!! hahahaha!

Madge Voice: Without it, you go naked.

Myriam Hetjonk: For the best answers, search on this site https://shorturl.im/awVMbThe role of marketing is to facilitate exchanges. Its essence is to create greater contentment and satisfaction by recognizing the preference structures of both parties and crafting the basis for exchanges. Marketing’s value to society is that it creates more efficient and effective interaction between and among individuals and organizations. Marketing is endemic to society. Whenever there is an exchange or an attempted exchange of something of value for something else of value, the marketing process is at work. The process of marketing pre-dates written history, where individuals bartered goods and services in exchange for other goods and services to produce a more satisfying life than one they could produce for themselves. Five conditions must be met for an exchange! to take place: 1.There are at least two parties. 2.Each party has something that might be of value to the other party. 3.Each party is capable of communication and delivery. 4.Each party is free to accept or reject the offer. 5.Each party believes it is appropriate or desirable to deal with the other party. These five conditions are inherent in ancient markets, where farmers and craftsmen brought their produce and wares to a central market. So too it applies to today’s flea markets, garage sales and ebay transactions. It also applies to the sophisticated supply chains necessary to stock a Wal-Mart store or build a missile system for the military. Marketing is pervasive in all human endeavors. Most human interaction requires an understanding of the other party’s perspective in order to have a productive relationship. Therefore the principles of marketing are applied in both for-profit and not-for-profit settings, including the marketing of places, causes, events, organi! zations, and persons. For simplicity of presentation in this b! ook, we will refer to the parties in the exchanges as buyers and sellers to represent a commercial transaction between a producer and a customer, even though some exchanges are not commercial and both parties are technically buyers and sellers....Show more

Ayesha Genova: Maybe that is true

George Dingeldein: Would be interested in knowing more about this too

Sol Allphin: Marketing delivers new ideas to the society through advertising. These ideas are seen so much they grow popular and evenutally people begin to live the ideas. Marketing has such a strong impact that it gives the idea of standard living to the society.