1. ________ concept of marketing aims at balancing between profit, customer satisfaction and society's welfare. 2. Marketing Decision Support System is an important component of __... 1. ________ concept of marketing aims at balancing between profit, customer satisfaction and society's welfare. 2. Marketing Decision Support System is an important component of ________. 3. ________ is an important element of Demographic Segmentation. 4. A ________ passes through different stages or phases during the lifetime. 5. Service sector faces challenges due to ________. 6. Both cost-oriented factors and market-oriented factors influence ________. 7. Warehousing creates ________ utility. 8. ________ is a form of consumer-oriented promotion techniques. 9. ________ is the first step in personal selling. 10. Identifying the weakness of the competitor and attacking is called as ________. 11. ________ packets help in increasing sales in rural markets. 12. Seeking protection against harmful goods is Right to ________.
Understand the Problem
The question contains a series of multiple-choice marketing concepts and definitions that are meant to be answered. It tests knowledge in marketing theory and practice.
Answer
1. Societal 2. Marketing Information System 3. Age 4. Product 5. Intangibility 6. Pricing 7. Place 8. Trade Discount 9. Prospecting 10. Flank attack 11. Sachet 12. Safety
- Societal concept of marketing aims at balancing between profit, customer satisfaction, and society's welfare.
- Marketing Decision Support System is an important component of Marketing Information System.
- Age is an important element of Demographic Segmentation.
- A Product passes through different stages or phases during the lifetime.
- Service sector faces challenges due to Intangibility.
- Both cost-oriented factors and market-oriented factors influence Pricing.
- Warehousing creates Place utility.
- Trade Discount is a form of consumer-oriented promotion techniques.
- Prospecting is the first step in personal selling.
- Identifying the weakness of the competitor and attacking is called a Flank attack.
- Sachet packets help in increasing sales in rural markets.
- Seeking protection against harmful goods is Right to Safety.
Answer for screen readers
- Societal concept of marketing aims at balancing between profit, customer satisfaction, and society's welfare.
- Marketing Decision Support System is an important component of Marketing Information System.
- Age is an important element of Demographic Segmentation.
- A Product passes through different stages or phases during the lifetime.
- Service sector faces challenges due to Intangibility.
- Both cost-oriented factors and market-oriented factors influence Pricing.
- Warehousing creates Place utility.
- Trade Discount is a form of consumer-oriented promotion techniques.
- Prospecting is the first step in personal selling.
- Identifying the weakness of the competitor and attacking is called a Flank attack.
- Sachet packets help in increasing sales in rural markets.
- Seeking protection against harmful goods is Right to Safety.
More Information
This fill-in-the-blank exercise covers key concepts in marketing, such as segmentation, product lifecycle, and tactics in competition and selling.
Tips
Misunderstanding the difference between types of segmentation or stages in product lifecycle can lead to errors.
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