7 Core Functions of Accounting

This is the effort to inform, persuade or remind potential customers about a business product or services is called

• channel management
• utility
• pricing
• promotion

These decisions dictate how much to charge for goods and services in order to make a profit.

• promotion
• pricing
• market planning
• selling

This provides the customer with the goods and services they want.

• Selling
• Market Planning
• Pricing
• Promotion

This involves understanding the concepts and strategies used to make and target specific strategies to a select audience.

• channel management
• marketing information
• market planning
• selling

This is obtaining, developing, maintaining and improving a product or a product mix in response to opportunities.-like market research

• Product/service management
• channel marketing
• promotion
• pricing

This is how they get the goods to the actual customer-physically moving the items.

• promotion
• selling
• channel management
• market planning

This last core function is where businesses rely on good information about customers, trends, and competing products.

• Marketing Info Management
• Selling
• Pricing
• Channel Marketing

These are tangible items

• services
• healthcare
• political speeches
• goods

These are intangible items

• goods
• services
• customer information
• exchanges

This kind of utility involves having a place where a customer can buy it.

• place utility
• time utility
• form utility
• info utility