Podcast
Questions and Answers
What are human needs?
What are human needs?
- Basic requirements for survival
- Physical products people desire
- States of felt deprivation (correct)
- Cultural and individual personality traits
What is marketing?
What is marketing?
- The process of engaging customers and creating customer value (correct)
- The process of understanding customer needs
- The process of making a profit from customers
- The process of selling products to customers
What are customer wants?
What are customer wants?
- States of felt deprivation
- Products backed by buying power
- Forms human needs take as shaped by culture and individual personality (correct)
- Basic physical needs for survival
What does it mean when a customer has a demand for a product?
What does it mean when a customer has a demand for a product?
What is the definition of a 'want' in marketing?
What is the definition of a 'want' in marketing?
How are demands defined in marketing?
How are demands defined in marketing?
How are 'demands' characterized in marketing?
How are 'demands' characterized in marketing?
What is the primary focus of marketing according to the text?
What is the primary focus of marketing according to the text?
What are 'human needs' in the context of marketing?
What are 'human needs' in the context of marketing?
What does 'demand' represent in the context of marketing?
What does 'demand' represent in the context of marketing?
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