GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Political party identifications have a clear and predictable effect on cereal consumption and cell phone plans.
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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: -Market orientation is an approach to business that prioritizes identifying the needs and desires of consumers and creating products and services that satisfy them.
Detailed explanation-2: -Market segmentation refers to aggregating prospective buyers into groups with common needs and who respond similarly to a marketing action.
Detailed explanation-3: -The first stage of the Consumer Decision Making Process, need recognition takes place when a consumer identifies an unmet need.
Detailed explanation-4: -Economists note that imperfect competition occurs because consumers have unique needs and desires.
There is 1 question to complete.