Podcast
Questions and Answers
Which of the following best describes marketing?
Which of the following best describes marketing?
- The process of creating and distributing goods, services, and ideas
- The process of creating, distributing, promoting, and pricing goods, services, and ideas (correct)
- The process of creating, distributing, and promoting goods, services, and ideas
- The process of creating, distributing, promoting, and pricing only goods
What is the essence of marketing?
What is the essence of marketing?
- To develop exchanges that do not benefit either customers or marketers
- To develop satisfying exchanges from which both customers and marketers benefit (correct)
- To develop exchanges that only benefit marketers
- To develop satisfying exchanges from which only customers benefit
Who are the customers in marketing?
Who are the customers in marketing?
- The marketers of organizations' products
- The purchasers of organizations' products (correct)
- The manufacturers of organizations' products
- The sellers of organizations' products
What is a target market?
What is a target market?
What does marketing focus on?
What does marketing focus on?
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