Question
Download Solution PDFWhich of the following statements represents marketing ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is It views business as a customer satisfying process
Key Points
- Marketing refers to all activities a company does to promote and sell products or services to consumers.
- Marketing makes use of the "marketing mix," also known as the four Ps: product, price, place, and promotion.
- At its core, marketing seeks to take a product or service, identify its ideal customers, and draw the customers' attention to the product or service available.
- 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.
Last updated on Jul 18, 2025
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