According to the marketing concept, which option shows company commitment?
Leaving marketing to the marketing department
Pricing a product to maximize profitability per item
Teaching marketing to college marketing students
Setting aside funds to research what customers want
Paul's plant food is losing its popularity among his customer base. What marketing function would come up with the improved product?
Promotion
Channel management
Product/Service management
Selling
What does the selling function involve that makes it so important?
Contacting customers
Setting high prices
Displaying products
Obtaining feedback from vendors
What does applying the customer-orientation element of the marketing concept enable the business to do?
Offer products that consumers want to buy
Coordinate its marketing activities
Provide more products than consumers need
Persuade customers to buy its products
After the popularity of a product dropped, the business needed a new product to promote that would help to improve its image. Which marketing function would come up with the new product?
By increasing awareness of the need for environmental controls, what has marketing done?
Regulated the standard of living
Added usefulness to products
Improved the quality of life
Made buying more convenient
What is the marketing function that provides information to consumers that will assist them in making a decision to purchase a good or service?
Pricing
Production
Distribution
What marketing career involves determining why customers do what they do?
Distribution/Warehousing
Sales
Marketing research
Advertising
What type of duties do customer-service professionals often perform?
Preparing ads
Handling complaints
Receiving shipments
Paying invoices
Kwacky Kwackers needs a new package design for its crackers. What marketing professional would be responsible for creating the new package?
Product management
What marketing career involves catching customers' attention, informing them of products and persuading them to buy?
Public relations
What is at the center of all marketing activities?
Communication
Math
Technological know-how
Purchasing