Explanation should include
- the definition of marketing
- the definition of marketing concept
- the functions of marketing (e.g., product and service management, selling, promotion, distribution, marketing information management, pricing, financing)
- the relationship between customer satisfaction, business success, profit (i.e., the marketing concept), and the travel and tourism industry.
Process/Skill Questions:
- What sets the marketing concept apart from marketing?
- What happens when a business's practices do not satisfy a customer's needs?
- How does each marketing function play a role in the travel and tourism industry?
- How do marketing functions interrelate in the travel and tourism industry?