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- Briefly outline and explain what is your understanding of marketing? Suggest three (3) reason why companies engaging in marketing? Briefly outline four (4) benefits of marketing to a company?Briefly outline and explain what is your understanding of marketing? Suggest three (3) reason why companies engage in marketing? Briefly outline four (4) benefits of marketing to a company?Being first to market can be an advantage and a disadvantage. Provide at least one reason for each.