Marketing Principles Quiz
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Questions and Answers

What are the two primary components of business management and commerce that marketing is a part of?

identifying customers and creating, communicating, delivering, and exchanging goods and services for customer satisfaction and retention.

What are the two main ways in which products can be marketed?

to other businesses (B2B) or directly to consumers (B2C).

Name one type of dedicated marketing firms that tasks can be contracted to.

media, market research, or advertising agency.

What are market orientations?

<p>philosophies concerning the factors that should go into market planning.</p> Signup and view all the answers

What does the marketing mix outline?

<p>the specifics of the product and how it will be sold.</p> Signup and view all the answers

What are the four main processes of marketing?

<p>Identifying customers, creating, communicating, delivering, and exchanging goods and services</p> Signup and view all the answers

What are some examples of tasks that can be contracted to dedicated marketing firms?

<p>Media, market research, or advertising</p> Signup and view all the answers

Give an example of a government agency that advertises on behalf of an entire industry or locality.

<p>Agricultural Marketing Service</p> Signup and view all the answers

What are the two main types of marketing orientations?

<p>Product orientation and market orientation</p> Signup and view all the answers

What does the marketing mix outline?

<p>The specifics of the product and how it will be sold</p> Signup and view all the answers

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