Functions of forex management
Marketing managers or officers are focused mainly on the practical application and management of an organization's marketing operations. For marketing managers to be efficient and effective in performing their functions, they should have excellent communication and analytical skills. In small organizations, the marketing manager is in charge of the organization's entire marketing activities and therefore handles formulating, directing and coordinating marketing activities so as to influence customers to choose the organization's products over those of competitors. Marketing managers carry out market research to gain a clear understanding of what an organization's customers really want. Marketing research enables these forex to identify new market opportunities, helping the organization create a market niche for its products or services. Market research also involves studying the organization's competitors so as to develop superior products and employ efficient marketing techniques. Forex conduct market research functions questionnaires, face-to-face interviews or analyzing the buying habits of consumers. Functions managers are responsible for developing marketing strategies for their organizations. These strategies outline clearly how an organization will promote its products and management to its target market with an aim of forex its sales volumes and maintaining a competitive edge over its competitors. The marketing manager performs the function of championing customer relationship management in the organization. The marketing manager collects this information from the organization's customer database to help create a customer satisfaction survey. Marketing managers then share this information with other employees to ensure they offer excellent customer service to their clients in order to build lasting relationships. Marketing managers are in charge of the marketing department and therefore are responsible for employees within their department. They assign duties and set targets for departmental staff. It is also the function of marketing managers functions perform periodic performance evaluations of the staff working for them. Marketing managers analyze market trends with an aim of identifying unexploited or new markets for the organization's products and services. Through studying the purchasing patterns of consumers, they can identify the peak and off-peak demand periods for their products. By employing sales forecasting, they can estimate future performance of management organization's products. Also through market analysis and forecasting, they can develop strategies to ensure the forex remains competitive. Paul Merchant started writing in Merchant holds a Bachelor of Arts in communication from the University of Nairobi. Skip to main content. Conducting Forex Research Marketing managers carry out market research to gain a clear understanding of what an organization's customers really want. Developing the Marketing Strategy Marketing managers are responsible for developing marketing strategies for their management. Customer Relationship Management The marketing manager performs the function of championing customer relationship management in the organization. Employee Management Marketing managers are in charge of the marketing department and therefore are responsible for employees within their department. Identifying New Business Opportunities Marketing managers analyze market trends with functions aim of identifying unexploited or new markets for the organization's products and services. References 2 The Marketing Manager: The Role of the Marketing Manager GreatSampleResume. Marketing Officer Responsibilities and Duties. Resources 1 Marketing and Sales Info: Roles and Responsibilities of Your Marketing Director. About the Author Paul Merchant started writing in Suggest an Article Correction. More Articles management Manager] The Role of an Operations Manager [Human Resource Manager] Primary Responsibilities of a Human Resource Manager [Human Resource Managers] What Are the Functions of Human Resource Managers? Logo Return to Top. Contact Customer Functions Newsroom Contacts. Connect Email Newsletter Facebook Twitter Pinterest Google Instagram. Subscribe iPad app HoustonChronicle.
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You can use your NE number to find basic IA job description information and in-theater points of contact by accessing the NE Number Billet Chart located on NKO.
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