BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Identifying and satisfying customer needs, maintaining customer loyalty, gaining information about customers and anticipating changes in customer needs.
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Identifying and satisfying customer wants, maintaining customer loyalty, gaining confidence on suppliers and anticipating changes in customer needs.
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Identifying and satisfying customer wants, raising awareness of the production process, gaining information about consumers and increasing market share
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Identifying and satisfying customer needs, maintaining sales turnover, gaining information about retailers and anticipating changes in wholesalers needs.
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Detailed explanation-1: -It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department’s job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
Detailed explanation-2: -Marketing identifies customers, their needs, and how much value they place on getting those needs addressed. Marketing informs the design of the product to ensure it meets customer needs and provides value proportional to what it costs.
Detailed explanation-3: -Knowing and understanding customer needs is at the centre of every successful business, whether it sells directly to individuals or other businesses. Once you have this knowledge, you can use it to persuade potential and existing customers that buying from you is in their best interests.
Detailed explanation-4: -Marketers conduct research and use their creativity to figure out what customers need and how they will meet those needs.