MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A company adds a warehouse in New Providence to ensure products could reach customers more quickly in Exuma. Name the function.
A
Distribution
B
Place
C
Selling
D
Financing
Explanation: 

Detailed explanation-1: -Marketing is the process of creating, pricing, distributing, and promoting goods, services, and ideas to facilitate satisfying exchange relationships with customers and to develop and maintain favorable relationships with stakeholders in a dynamic environment.

Detailed explanation-2: -Marketing is about planning and executing the development, pricing, distribution and promotion of products and services to satisfy the needs of your customers. The main role of marketing is to deliver customer value to attracting new customers and keeping existing ones.

Detailed explanation-3: -Define “Marketing”. The process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants.

Detailed explanation-4: -Product marketing is the process of bringing a product to market, promoting it, and selling it to a customer. Product marketing involves understanding the product’s target audience and using strategic positioning and messaging to boost revenue and demand for the product.

There is 1 question to complete.