Podcast
Questions and Answers
What is the core function of marketing in business?
What is the core function of marketing in business?
- Understanding the needs, wants, and desires of customers (correct)
- Creating value for customers and society
- Developing and pricing products
- Distributing and promoting products and services
According to the American Marketing Association, what is marketing practiced by?
According to the American Marketing Association, what is marketing practiced by?
- Nonprofit Organizations only
- For-Profit Organizations only
- Both For-Profit and Nonprofit Organizations (correct)
- Government Agencies
Which era did marketing evolve through?
Which era did marketing evolve through?
- Production era, Selling era, Value era, Relationship era (correct)
- Manufacturing era, Merchandising era, Customer-centric era, CRM era
- Supply era, Demand era, Sales era, Customer era
- Utility era, Transaction era, Customer focus era, Partnership era
What is an important part of marketing in companies?
What is an important part of marketing in companies?
Where do we see marketing being practiced?
Where do we see marketing being practiced?