4.1 The Role of Marketing

Assessment Objectives

Marketing and its relationship with other business functions

AO3

The marketing objectives of for-profit organisations and non-profit organisations

AO3

Assessment Objectives

Market orientation versus product orientation

AO2

Assessment Objectives

The differences between marketing of goods and marketing of services

AO2

Assessment Objectives

The difference between commercial marketing, social marketing, and social media marketing

AO2

Assessment Objectives

Characteristics of the market in which an organisation operates

AO1

Market share

AO4

The importance of market share and market leadership

AO3

Assessment Objectives

How marketing strategies evolve as a response to changes in customer preferences

AO3

How innovation, ethical considerations and cultural differences may influence marketing practices and strategies

AO3

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