Marketing Utilities and Importance

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What is the primary way marketing helps to protect against depression in the market?

By limiting the number of sellers in the market

By facilitating the availability of a variety of products at reasonable prices (correct)

By providing a single, high-quality product

By encouraging sellers to offer homogeneous products

What is one of the non-commercial job opportunities created by marketing?

Retailing

Social marketing (correct)

Product design

Event management

What is the primary benefit of marketing to consumers with different tastes and preferences?

It increases the price of products

It limits the availability of products

It makes products available to customers (correct)

It provides a single, low-cost product

What is one of the ways marketing contributes to the society?

By providing job opportunities Signup and view all the answers

What is the result of marketing in the absence of which there would be no customers?

Availability of various products Signup and view all the answers

What is the primary benefit of marketing to the society?

It facilitates the availability of various products at reasonable prices Signup and view all the answers

What is the primary purpose of a 15-20 seconds ad in marketing?

To increase brand recall Signup and view all the answers

What is the major challenge for marketing managers in today's market?

Reaching the target audience through the noise Signup and view all the answers

What is m-business, according to the text?

A popular marketing approach that offers more options for sharing marketing messages Signup and view all the answers

What is the benefit of using technology in marketing, according to the text?

It allows for more creative options for sharing marketing messages Signup and view all the answers

What is the primary goal of positioning in marketing, according to the text?

To achieve correct positioning in the customer's mind Signup and view all the answers

What is the purpose of using a small jingle in marketing, according to the text?

To make customers remember the brand in seconds Signup and view all the answers

What is the primary goal of marketing?

To provide benefits to both buyer and seller Signup and view all the answers

What is marketing considered in the exchange process between buyer and seller?

A characteristic of mutual benefit Signup and view all the answers

What is the ultimate aim of marketing?

To provide benefits to both buyer and seller Signup and view all the answers

What does marketing involve in terms of programmes?

Universal programmes Signup and view all the answers

What is marketing closely related to?

Psychology and Economics Signup and view all the answers

What does marketing involve in terms of environment?

Demographic, political, and natural environment Signup and view all the answers