INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Obtaining goods that will satisfy the needs and wants of a business’s customers is a function of
|
|
Advertising
|
|
|
Selling
|
|
|
Marketing
|
|
|
Purchasing
|
Explanation:
Detailed explanation-1: -Marketing is also responsible for the entire environment in which this exchange of value takes place. Marketing identifies customers, their needs, and how much value they place on getting those needs addressed.
Detailed explanation-2: -Marketing is responsible for communicating with customers about products, explaining who is offering them and why they are desirable. Marketing is also responsible for listening to customers and communicating back to the provider about how well they are satisfying customer needs and opportunities for improvement.
There is 1 question to complete.