INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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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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Detailed explanation-1: -Marketing Focuses on Customers As the purchasers of the products that organizations develop, promote, distribute, and price, customers are the focal point of all marketing activities. The essence of marketing is to develop satisfying exchanges from which both customers and marketers benefit.
Detailed explanation-2: -All businesses must complete some marketing activities even if that is not their focus. The blending of the four marketing elements: product, distribution, price and promotion. Persons who buy products and services mostly for their own use.
Detailed explanation-3: -Every company needs to apply marketing strategies to: increase sales, define products or services, create connections with new collaborators or partners, get new customers, build customer loyalty, create a brand, internationalize the company through the media…
Detailed explanation-4: -Highly effective marketing is a make-or-break necessity for most small businesses. It’s really impossible for you to be successful without good marketing and sales techniques-that’s what brings the dollars in the door. Marketing is more than simply letting people know about your products or services.