Marketing Basics

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Questions and Answers

What is the primary goal of marketing?

  • To manipulate consumer behavior
  • To identify customers and satisfy their needs (correct)
  • To create a competitive market environment
  • To maximize profits for the seller

Who typically conducts marketing?

  • Retailers or manufacturers (correct)
  • Individual consumers
  • Non-profit organizations
  • Government agencies

What are market orientations?

  • Market research results
  • Specific advertising channels
  • Philosophies guiding market planning (correct)
  • Consumer preferences

What influences the marketing mix?

<p>Environment, marketing research, target market characteristics (B)</p> Signup and view all the answers

What is the role of dedicated marketing firms?

<p>Conduct specific marketing tasks on behalf of sellers (D)</p> Signup and view all the answers

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