Define Marketing Management. Discuss its importance and scope in today's dynamic competitive environment.

Marketing management is the organisational discipline which focuses on the practical application of marketing orientation, techniques and methods inside enterprises and organisations and on the management of a firm's marketing resources and activities. Marketing management facilitates the activities and functions which are involved in the distribution of goods...

Auto regressive models

A stochastic process used in statistical calculations in which future values are estimated based on a weighted sum of past values. An autoregressive process operates under the premise that past values have an effect on current values. A process considered AR(1) is the first order process, meaning that...

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