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MCS 1000, Chapter 1 (Unit 1 and 2) Questions with complete solution £11.32
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Exam (elaborations)

MCS 1000, Chapter 1 (Unit 1 and 2) Questions with complete solution

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  • Module
  • MCS 1000
  • Institution
  • MCS 1000

MCS 1000, Chapter 1 (Unit 1 and 2) Questions with complete solution Marketing - correct answer activity of creating, communicating, delivering and exchanging offerings that benefit the organization, its stakeholders and society at large 1. Two or more parties with unsatisfied needs 2. des...

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  • December 23, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MCS 1000
  • MCS 1000
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MCS 1000, Chapter 1 (Unit 1 and 2)
Questions with complete solution
Marketing - correct answer ✔activity of creating, communicating, delivering
and exchanging offerings that benefit the organization, its stakeholders and
society at large


1. Two or more parties with unsatisfied needs
2. desire and ability on their part to be satisfied
3. a way of parties to communicate
4. something to exchange - correct answer ✔requirements for marketing to
occur


Market - correct answer ✔people with the desire and ability to buy specific
product


Social Marketing - correct answer ✔designed to influence the behaviour of
individuals in which the benefits od those behaviour accrue to those
individuals or to society in general and not to the marketer


Ultimate consumers - correct answer ✔all people who use the goods and
services purchased for a household


organizational buyers - correct answer ✔maufacturers, wholesalers,
retailers, and government agencies that buy goods and services for their own
use


target market - correct answer ✔one or specific groups of potential
consumers towards which an organization directs its marketing program

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