BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing is limited to certain places and times during the day.
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Marketing takes place everywhere and is a constant force in our lives.
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Marketing takes place at some public places but not all and usually goes unnoticed.
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Marketing takes place exclusively in a central marketplace.
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Detailed explanation-1: -Which of the following statements BEST describes where marketing takes place? Marketing takes place everywhere and is a constant force in our lives.
Detailed explanation-2: -Which of the following statements best describes marketing? It is a systematic approach to satisfying consumers.
Detailed explanation-3: -The Marketing Concept is preoccupied with the idea of satisfying the needs of the customer by means of the product as a solution to the customer’s problem (needs). The Marketing Concept represents the major change in today’s company orientation that provides the foundation to achieve competitive advantage.
Detailed explanation-4: -Which of the following best describes marketing mix? b. It is the blend of marketing strategies for product, price, distribution, and promotion.