Mktg 3340 quiz 1 - Study guides, Class notes & Summaries

MKTG 3340 ADVANCED TEST GUID QUIZ 2024. Marketing - correct 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 Target Market - correct answer one or more specific groups of potential consumers toward which an organization directs its marketing program marketing mix (four Ps) - correct answer Product, Place, promotion and pricing Customer Value - ...

MKTG 3340 Chapter 7 Final Exam Prediction Quiz 2024. 7 Steps of Offering Development - correct answer 1. Idea Generation 2. Idea Screening 3. Feature Specification 4. Development 5. Testing 6. Launch 7. Evaluation The New-Product Development Process - correct answer consists of the seven stages an organization goes through to identify opportunities and convert them to salable products or services. Step 1: Idea Generation - correct answer -Ideas can come from anywhere. -In B2B marke...

MKTG 3340 Chapter 7 Correctly Answered Quiz 2024. 7 Steps of Offering Development - correct answer 1. Idea Generation 2. Idea Screening 3. Feature Specification 4. Development 5. Testing 6. Launch 7. Evaluation The New-Product Development Process - correct answer consists of the seven stages an organization goes through to identify opportunities and convert them to salable products or services. Step 1: Idea Generation - correct answer -Ideas can come from anywhere. -In B2B markets ...

MKTG 3340 Quiz 1

_______ needs and wants of customers and _______ them - discover, satisfy - goals of marketing people with both the desire and the ability to buy a specific offering - market a promise to your target customer of the value that your product/service will deliver - value proposition the 4 p's - product, price, promotion, place personal relationship between organization and its individual customers - relationship marketing