Principles of Marketing Evaluation Quiz
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Questions and Answers

What is the weightage of the final exam in the evaluation?

  • 80%
  • 60% (correct)
  • 40%
  • 20%
  • What is the recommended book for the course?

  • Contemporary Marketing by Louis E. Boone and David L. Kurtz
  • Marketing Management by Kevin Lane Keller
  • Strategic Marketing by David W. Cravens
  • Principles of Marketing by Philip Kotler and Gary Armstrong (correct)
  • What is the process by which companies create value for customers and build strong customer relationships?

  • Advertising
  • Marketing (correct)
  • Promotion
  • Selling
  • What is the first step in the marketing process according to the text?

    <p>Understanding The Marketplace And Customer Needs</p> Signup and view all the answers

    What is defined as 'states of felt deprivation' according to the text?

    <p>&quot;Needs&quot;</p> Signup and view all the answers

    Study Notes

    Evaluation

    • The weightage of the final exam is not specified.

    Course Materials

    • The recommended book for the course is not specified.

    Marketing Process

    • Companies create value for customers and build strong customer relationships through a process involving understanding customer needs, designing market offerings, communicating and delivering value, and building customer relationships.

    Marketing Process Steps

    • The first step in the marketing process is understanding customer needs.

    Customer Needs

    • 'States of felt deprivation' refers to the unfulfilled needs of customers that drive them to seek out products or services that can satisfy those needs.

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    Description

    Test your knowledge of marketing principles and evaluation components in this quiz. Explore topics like midterm assessments, class participation, recommended books, and learning objectives.

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