THE ANALYSIS OF MARKETING CONCEPT IMPLEMENTATION IN DOMESTIC ENTERPRISES
Journal: Journal of Engineering Management and Competitiveness (JEMC) (Vol.6, No. 2)Publication Date: 2016-12-31
Authors : Dejan ĐORĐEVIĆ; Dragan ĆOĆKALO; Srđan BOGETIĆ;
Page : 120-128
Keywords : Marketing; Competitiveness; Global market; Management; Knowledge.;
Abstract
Global markets and modern business conditions require from enterprises to change their business philosophy and ways of behaviour in their business practice. Nowadays, in IT society, knowledge has become the basic resource. Marketing enables knowledge management by making possibilities for increasing knowledge productivity of other business functions in enterprises. Relationship marketing signifies a considerable advance in marketing approach, going from thinking exclusively about competition and conflict categories towards the categories of collaboration and interdependence. Domestic enterprises are facing problems with achieving competitive abilities on global markets and one of significant causes of this phenomenon is inappropriate implementation of marketing concept and modern methods and techniques of marketing management. This paper presents current global trends in theory and practice of marketing and marketing management along with critical analysis and recommendations for improving marketing practice in domestic enterprises.
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