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1 EOPA: Marketing Concepts | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | 100% Pass
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1 EOPA: Marketing Concepts | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | 100% Pass

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  • August 3, 2024
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  • 2024/2025
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  • 1 eopa marketing concepts questions answers

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1 EOPA: Marketing Concepts | Questions & Answers (100 %Score) Latest Updated
2024/2025 Comprehensive Questions A+ Graded Answers | 100% Pass


Define Marketing - Marketing is a process of developing, promoting, pricing, and distributing goods and

services to customers in order to satisfy customer needs and wants.



What are the 7 functions of marketing? - 1. Distribution

2. Financing

3. Marketing Information Management

4. Pricing

5. Product/Service Management

6. Promotion

7. Selling



Product/Service Management - The process of planning, improving,

and/or adding to a firm's product line.



Distribution - Decisions surrounding the

transportation and storage of goods from

producer to consumer.



Finance - Decisions about how to find the

money to invest in the business and helping

customers to find ways to purchase the

product.



Marketing Information Systems/Market

Research - Collecting and analyzing

information in order to make decisions about

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