Marketing Management: Customer-Centric vs Traditional Organization
10 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the focus of a Customer-Centric Organization?

  • Emphasizing technology and social media
  • Revolve around the product and its features
  • Prioritizing short-term profits and transactions
  • Building long-term relationships and personalized experiences (correct)
  • Which of the following is not part of the new market environment in changing marketing realities?

  • E-commerce and social media
  • Climate change and health factors
  • Traditional marketing strategies (correct)
  • Globalization and multiculturalism
  • What does Holistic Marketing focus on?

  • Focusing solely on product features
  • Isolating marketing activities from other departments
  • Shared purpose and goal for all activities and departments (correct)
  • Maximizing short-term profits
  • What is the Production Concept based on?

    <p>Consumers favor cheaper and available products</p> Signup and view all the answers

    What does a Traditional Organization typically revolve around?

    <p>The product and its features</p> Signup and view all the answers

    What is the primary focus of the selling concept?

    <p>Focusing on the actual sale of the product regardless of its quality or fit to customer needs</p> Signup and view all the answers

    Which organizational structure is ideal for companies with multiple products?

    <p>Product or brand organization</p> Signup and view all the answers

    What is the key characteristic of a matrix organization structure?

    <p>Combination of both a traditional hierarchy of management and project managers</p> Signup and view all the answers

    Which concept is based on the idea that consumers will only purchase products that meet their needs?

    <p>Marketing concept</p> Signup and view all the answers

    What is the primary benefit of a geographic organization structure for international companies?

    <p>Allows employees to design local marketing strategies for their target audience based on geographical region</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser