Centrality of Marketing: Peter Drucker and Witkowski Perspectives
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Questions and Answers

What does Peter Drucker suggest about the relationship between marketing and selling?

  • Selling products is the primary focus of marketing.
  • Marketing is solely focused on aggressive selling techniques.
  • Marketing is more expansive and not just about selling products. (correct)
  • Marketing should only target a specific customer segment.

According to Witkowski, what were the theoretical foundations of marketing when it first emerged as a separate discipline?

  • Political science
  • Classical and neo-classical economics (correct)
  • Sociology and psychology
  • Anthropology

What is one of the key philosophies that early marketing theory adhered to?

  • Socialism and communism
  • Authoritarianism and totalitarianism
  • Collectivism and altruism
  • Individualism and utilitarianism (correct)

In modern marketing, what is the focus when defining the 'best' product in the market?

<p>Consumer perspective (A)</p> Signup and view all the answers

What aspect of target audience understanding is highlighted as important in marketing strategies?

<p>Designing products to meet consumer needs (C)</p> Signup and view all the answers

What additional aspect beyond profits does modern marketing focus on?

<p>'Giving back to society' - contributing to the wellbeing of society (C)</p> Signup and view all the answers

What does authentic marketing focus on?

<p>Identifying and understanding customer needs (C)</p> Signup and view all the answers

According to the American Marketing Association, marketing involves creating, communicating, delivering, and exchanging offerings that have value for which groups?

<p>Customers, clients, partners, and society at large (C)</p> Signup and view all the answers

What is the primary focus of marketing in various contexts according to Kotler & Levy 1969?

<p>Changing behavior (C)</p> Signup and view all the answers

How is marketing described by Phillip Kotler in relation to customer relationships?

<p>Creating long-lasting customer relationships (C)</p> Signup and view all the answers

According to the text provided, what is the central focus of marketing?

<p>Changing consumer behavior (A)</p> Signup and view all the answers

What does marketing seek to accomplish according to the passage?

<p>Changing current behavior towards future actions (C)</p> Signup and view all the answers

What are the 4 P's in the marketing process?

<p>Product, Price, Promotion, Place (A)</p> Signup and view all the answers

According to Holbrook (1985), when do people engage in consumption activities?

<p>Throughout the day, from morning till night (C)</p> Signup and view all the answers

What are the two basic functions of a business according to Jack Trout?

<p>Innovation and Marketing (D)</p> Signup and view all the answers

Why do brands need to innovate according to the text?

<p>To keep up with the relevant needs of customers (A)</p> Signup and view all the answers

What is the significance of understanding what consumers buy according to the text?

<p>To understand how consumers spend time and money (D)</p> Signup and view all the answers

How does marketing contribute to business growth according to the text?

<p>By driving growth and fueling innovation (C)</p> Signup and view all the answers

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