marketing is many different things. Many people , especially those not employed in mar-keting , see marketing as a function of business. From this perspective . marketing paral-lels other business function such as production/operations, research, management, human resources , and accounting . As a business function , the goal of marketing is to connect the organization to its customer. Other individuals, particularly those working in marketing jobs, tend to see marketing as a process of managing the flow of products from the point of conception to the point of consumption. The field's major trade organization , the American Marketing Association , has changed the definition of marketing over time to reflect changes in the economic and business environments. From 1985 until 2005 , the AMA definned marketing this way:
“Marketing is the process of planning and executing the conception, pricing, promotion,
and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.”
Note how this definition focuses on the four Ps, or the marketing mix. In 2005, the
AMA changed the definition to better reflect the realities of competing in the
marketplace:
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