Marketing Fundamentals Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What is the main goal of marketing?

  • To create a customer who is ready to buy (correct)
  • To promote products or services
  • To create value for customers
  • To increase profits

What is NOT part of the marketing process?

  • Choosing target markets
  • Selling products (correct)
  • Creating value for a company
  • Obtaining what customers need

What is the purpose of marketing research?

  • To increase profits
  • To create a customer who is ready to buy
  • To create products that meet customer needs (correct)
  • To choose target markets

What is an example of a successful marketing campaign?

<p>Canon ELPH (B)</p> Signup and view all the answers

What is the purpose of marketing?

<p>To get, keep, and grow customers (A)</p> Signup and view all the answers

Flashcards

Main goal of marketing?

To create a customer who is ready to make a purchase.

Purpose of marketing research?

Identifying and understanding customer needs to develop products that meet those needs.

Purpose of marketing?

To acquire new customers, retain existing ones, and increase business with them.

What is marketing?

Focuses on building customer relationships and loyalty, rather than just pushing products, it aims to create value for customers.

Signup and view all the flashcards

Study Notes

  • Marketing is the process of creating value for customers through the exchange of products and services.
  • Marketing is a societal process that helps individuals and groups obtain what they need and want.
  • Marketing is about choosing target markets and getting, keeping, and growing customers.
  • Selling is not the most important part of marketing!
  • Marketing is the process of creating value for a company through the distribution of products or services.
  • The goal of marketing is to create a customer who is ready to buy.
  • Marketing should result in a customer who is ready to buy, without the need for selling.
  • Marketing research is important in order to create products that meet the needs of customers.
  • The Wii, Canon ELPH, and Prius are examples of successful marketing campaigns.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

More Like This

Marketing Chapter 1: Customer Value Creation
29 questions
Marketing Principles Study Notes
48 questions
Marketing Principles and Customer Value
67 questions
Use Quizgecko on...
Browser
Browser