ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Generally consumers make all of their product and service purchases in the same way.
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -In basic terms, marketing is the process of identifying customer needs and determining how best to meet those needs. In contrast, advertising is the exercise of promoting a company and its products or services through paid channels. In other words, advertising is a component of marketing.
Detailed explanation-2: -A product can be a service or an item. It can be physical or in virtual or cyber form.
Detailed explanation-3: -The correct option is true. The marketing process refers to the process of the firm in developing and implementing its marketing efforts. Customers are mainly focused when firms indulge in marketing efforts.
There is 1 question to complete.