Role and Importance of Marketing to Manufacturing Firms in a Competitive Market Environment (A Case Study De-United Foods Industry Ltd, Producer of Indomie Instant Noodle)

Department: Marketing
Project ID: MKT1029
Access Fee: ₦5,000
Pages: 23 Pages
Reference: YES
Format: Microsoft Word
Views: 456

ABSTRACT

The primary objective for any profit oriented organization in to maximize profit and minimize lost among other objective. This in that survival mechanize for such organization. However, achieving these stated objectives and others given along with some environment elements which are not within the control and capacity of the organization. Among these external elements or environment factoring competition. The nature diversity and dynamic competition in the market determines the strategy and traffics that will be formulated and adopted in dealing with such environmental factor. Among several available strategy that could be adopted includes promotion which its integral part is marketing. This research project will evaluated the importance and significant role of marketing to manufacturing firm in a competitive market environment taking DE –UNITED FOOD INDUSTRY as a case of study. The project concluded that any manufacturing organization that is profit oriented should adopted marketing concept strategy. This will enable organization to fully understand the fundamental needs and desire of the target market there by gaining competitive advantage over other competition. The project recommends that the primary objective of any manufacturing organization will and can be fully accomplished if marketing concept is adopted and fully frizzed in a competitive environment.

TABLE OF CONTENTS

TITLE PAGEi

CERTIFICATIONii

DEDICATIONiii

ACKNOWLEDGEMENTiv

ABSTRACT vii

TABLE OF CONTENTviii

CHAPTER ONE

BACKGROUND OF THE STUDY

1.1Introduction1

1.2 Statement of the Study4

1.3 Aim and Objective of the Study6