4ps - Study guides, Class notes & Summaries

Marketing correct answers a process by which companies create *value* for customers and build strong customer *relationships* in order to capture value from customers in return. Always starting from and focused on *consumer need* Marketing Myopia correct answers short sighted and not open minded to new ideas. An inward looking approach of marketing that focuses on the needs of the company/product instead of defining the company and its products in terms of the *customer's needs and wants.* ...

D077 At the end of a cosmetic tutorial video, the website marketer posts a special offer c D077 At the end of a cosmetic tutorial video, the website marketer posts a special offer code for 20% off first purchases. Which element of the marketing mix does the special offer code represent? The special offer code for 20% off first purchases represents the Price element of the marketing mix. Explanation The marketing mix, also known as the 4Ps of marketing, includes: ï‚·Product - What th...

Functional Medicine Study set Exam Questions and Answers A+Graded FM Definition - CORRECT ANSWER-- Science-based personalized healthcare approach that treats underlying causes of disease through individually tailored therapies to restore health/improve function - FM uses a system-oriented and mechanistic approach and engages both patient and practitioner in a therapeutic partnership - FM addresses the "why": Connects the dots between disease contributors - Remove what causes imbal...

american marketing association - Correct ️️ ____________________ _________________ _____________ states that "marketing is the activity, set of institutions, and processes for capturing, creating, communicating and delivering and exchanging offerings that have values for the customers and society" marketing plan - Correct ️️ specifies the marketing activities for a specific period of time (broken down into various components: how product will be designed, how much it should be, w...

intangibility inseparability variability perishability - Nature and characteristic of a service Product Price Promotion Place - What are the 4 Kotler's Market Strategies? Intensity of Competitive Rivalry Threat of New Entrants Threat of Substitute Bargaining Power of Customers Bargaining Power of Suppliers - What are Porter's 5 forces? Conceive Plan Develop Qualify Launch Deliver Retire - What are the 7 phases of PLC? Conceive Plan Develop Qualify - What are the ...

Marketing correct answer: the activity, set of institution, and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at large The 4Ps correct answer: -place (delivery of marketing) -product (creation of marketing) -promotion (communicating w/market) -price (exchange of marketing) Market Research correct answer: -the function that links the consumer, customer and public to the marketer through informati...

UGA MARK 3000 TEST 1 – McManus Questions and Answers marketing - Correct ️️ an organizational function and a set of processes for creating, capturing, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders What is the goal of marketing? - Correct ️️ anticipating and determining the needs/wants of consumers and satisfying those needs through the 4Ps to create long term exchanges of value ...

MARK 3000 McManus Test 1 -solved Marketing - Correct ️️ organizational function and set of processes for... 1. CReating, CApturing, COmmunicating and DElivering value to customers 2. Managing customer relationships in ways that benefit the organization and stakeholders Anticipating (research) and determining the needs/wants of consumers (target market)... - Correct ️️ and satisfying those needs through the use of the 4P's to create long term exchanges of value Value - Correct ️...

MCQ TESTBANK ON MARKETING MANAGEMENT PGDM-1/ACTUAL QUESTIONS WITH 100% CORRECT ANSWERS/A+ GRADE 1. Good marketing is no accident, but a result of careful planning and . A. execution B. selling C. strategies D. tactics 2. Marketing is both an “art” and a “science” there is constant tension between the formulated side of marketing and the side. A. creative B. selling C. management D. forecasting 3. The most formal definition of marketing is . A. meeting needs profitably...

MGT 103 Midterm Exam Questions & Revised Correct Answers. Guarantee Pass!! Definition of Marketing - ANSWER : The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Exchange - ANSWER : Marketing Concept - ANSWER : Analyze Market Opportunities → Select Target Audience → Market Research → Formulate the Marketing Mix → Implement & Control. N...