Finance and its relation with Marketing
The main objective of a marketing department is to sell goods and satisfy needs of the customers. Marketing includes the development of the product, promotion of that product and its distribution activities. The importance of finance in marketing is explained in Finance Assignment Help Online . To perform all these activities, the marketing department needs money to pay salesmen, for advertisements and other promotional activities. Sometimes, finance department rejects the money asked by the marketing department. It will create confliction due to different perceptions. In order to avoid conflict, a healthy and good relationship must be maintained between both the departments. When the marking department gets big order to supply goods, then the finance department must help by arranging money for buying raw materials so that the production can be started without any delay. Finance and Marketing are related to each other in several ways. Finance and its relation with Production:...