Analysis highlighting the relationship of marketing theory to Essay

Analysis highlighting the relationship of marketing possible action to marketing serve - Essay Exampleding, with universities offering courses on Entrepreneurship and Small Business Management in their curriculum, so as to inculcate the desire and the interest of the students to start their own ventures when they graduate, and associations supporting entrepreneurs springing up, to help in funding and other networking contacts needed to do work. (Mpofu, 2007)Entrepreneurship is the concept of initiative taking by a person, with the toleration of all the risks and rewards, by capitalizing on an opportunity which was unseen by the rest. The idea is great, since it brings together the uniqueness of thoughts as well as the creativity of the common serviceman to the front end, and helps in the start up of business, where the man is his own boss, and with no one to regulate the decision making process, or the ultimate decisions taken. (Gundry, 2007)Marketing is in addition one of the oldest and the most creative disciplines in the field of business. Marketing is about making such a lucrative offer to the customer that they cannot help but buy the product you are selling. The marketing do by an entrepreneur is slightly different from the marketing done by any large, established business. except that is what the theory says. Let us examine the relationship between the marketing theory and marketing practice of an entrepreneurs marketing. (Kerin, 2004)The entrepreneur chosen for this report is Mr. Boston Rift, who has opened an entrepreneurial venture by the name of oblige your Books. He has phonograph recordinged small stalls, or shops within the premises of four renowned business universities of the city. And his business is to supply the students with the books that they need for each semester, freeing them up of the hassle to go to this faraway wholesale book market and buy it.Every academic year in each university has two semesters, Spring and Fall. And a ll semester, on an average, a student has 6 courses that he has to study. Every teacher prescribes a book to be bought for the