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FUNCTIONS OF MARKETING (FACILITATING MARKET FUNCTION (PROMOTION, MARKETING…
FUNCTIONS OF MARKETING
EXCHANGE FUNCTION
PRODUCT PLANNING& DEVELOPMENT
BUYING
BY DESCRIPTION
BY SAMPLE
BY GRADE
BY INSECTION
MARKETING RESEARCH
ASSEMBLING
SELLING
PHYSICAL SUPPLY FUNCTION
TRANSPORTATION
DIVISION OF LABOUR
HELPS IN MAKING BETTER USE OF LABOUR AND CAPITAL
ENCOURAGES SPECIALIZATION
STABILIZES PRICES IN VARIOUS MARKETS
DEVELOPS DISTINCT MARKETS
CREATES EMPLOYMENT
HELPS FOR GROWTH AND DISTRIBUTION OF WEALTH
STORAGE
FACILITATING MARKET FUNCTION
PROMOTION
MARKETING INFORMATION SYSTEM
PRICING
RISK MANAGEMENT
FINANCING
PACKING & PACKAGING
BRANDING
GRADING
STANDARDIZATION