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Marketing Introduction
Doc. Dr. Ing. Elena Horská Slovak University of Agriculture in Nitra Faculty of Economics and Management Marketing Introduction
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Global marketing opportunities and threats:
Increase in market potential Trade and investment potential Resources accessibility Threats: Increasing number of competitors Increase in intensity of competition coupled with higher market uncertainty
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Marketing is everywhere
Formally or informally, people and organizations engage in a vast number of activities that we could call marketing. Good marketing has become an increasingly vital ingredient for business success. And marketing affects our day-to-day lives.
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Marketing is .... About identifying and meeting human and social needs
A social process by which individuals and groups obtain what they need and want through creating, offering and freely exchanging products and services of value with others (social definition)
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Markets Customer markets: companies selling mass consumer goods and services Business markets: companies selling business good and services to business buyers. They buy goods in order to make or resell a product to others at a profit.
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