Q: What are the career paths in marketing/for marketing degree holders?
A: Marketing is to identify and meet the customer needs profitably. Customer needs – Two Types Met…
Q: Why Marketing is beneficial to both buyer and seller?
A: Marketing refers to business actions or activities carried out by marketers for promoting and…
Q: How companies can react to the marketing environment?
A: The marketing environment refers to the forces and factors that affect a business firm’s ability to…
Q: do you believe that marketing shapes consumers needs and wants? and why?
A: Marketing can be defined as a field of business studies which deals with how a company makes its…
Q: consider what tools does the marketing team have to help identify those emerging competitors?
A: Competition has become one of the most dominant factors affecting the market trend and business…
Q: What criteria should a lawn equipment company use in assessing the attractiveness of market…
A: The lawn equipment companies generally refer to the companies that provide products of the…
Q: Marketers must understand the current and potential environment in which the product or service will…
A: Marketing is the most important activity along with production for the company. Production helps to…
Q: In addition to social and demographic factors, why should the marketing managers understand and…
A: A business never works in isolation. There are several factors which influence it's operation. Some…
Q: How does a consumer market differ from a business-to-business market?
A: Marketing is gives the undertaken for the purpose of ensuring that customers know about products'…
Q: Which marketing function helps marketers answer the question, "What are we going to produce or sell:
A: The different marketing functions of marketing helps the marketers in deciding upon which product…
Q: Why is Marketing essential for marketers?
A: Businesses are started by people with many dreams and objectives. To achieve those dreams and…
Q: Why do companies segment markets?
A: Market segmentation is a process in which the market is classified into groups of consumers…
Q: How does non- profit marketing differ from marketing in for profit organizations?
A: Marketing can be defined as a field of business studies which deals with hoe a company makes its…
Q: How does marketing play an important role in society?
A: Marketing is the process by which companies and businesses communicate with prospective consumers to…
Q: How can marketers respond to the criticism that marketing creates false wants and encourages…
A: Marketers react that such reactions exaggerate the force of business to make needs. They guarantee…
Q: In your opinion, to what extent have contemporary marketing contributed in increasing the business…
A: Contemporary marketing means that the owner of the business will respond to the needs of the public…
Q: How can the marketing mix build competitive advantage?
A: The marketing mix is the set of activities and the actions that a company takes to promote the goods…
Q: How does Marketing boost sales for companies?
A: Increasing revenue or sales is one of the few common marketing goals. Companies often use this goal…
Q: At its core, marketing is meant to facilitate exchanges. As marketing managers, the most prevalent…
A: The old world traded mostly as per the barter system. With the increase in knowledge and innovation,…
Q: What is the purpose of determining market viability?
A: Viability means the ability to survive. In business situation, that ability to survive is connected…
Q: Explain in detail how has marketing evolved over time and how have current events , economics and…
A: Marketing is like the very tool of the business operations to communicate their output to the…
Q: What is your own definition of contemporary marketing?
A: Contemporary market is also known as modern marketing. It is usually different from a traditional…
Q: Which particular aspect of marketing would interest and excite you the most?
A: Marketing is not only one single activity rather it is the result of the interaction of so many…
Q: How has marketing evolved over time? How have current events, economics, and culture influenced…
A: Promoting has been around since the mid twentieth century, and has created in five primary stages,…
Q: Describe the level of market orientation that currently exists in your company. How will a market…
A: Previously company used to be organisation centric and used to create products with prejudices and…
Q: What are the major social criticisms of marketing? How do marketers respond to these criticisms?
A: Social criticisms: The price of the products and services are increasing due to the huge amount…
Q: What trends might affect marketing in the future?
A: Marketing activities and marketing related activities have evolved a lot in the past 10 years.…
Q: Discuss the external environment of marketing?
A: To remain profitable and ahead of the competition, a company must adapt to these marketing…
Q: Explain the concept of competitive advantage and the various ways a marketing firm can undertake…
A: Competitive advantage could be the most popular standpoint that a firm desires in an attempt to…
Q: What are the four types of competition? Which is mostimportant to marketers?
A: The business endeavor to compete with the rivals in order to get maximum advantage and edge over the…
Q: What is the objective of marketing? What three ways will help it achieve this objective?
A: Marketing refers to the activity of promoting goods and services by using the tools and techniques…
Q: Why have companies moved away from mass marketing and toward target marketing?
A: Mаrketing meаns the ideas using whiсh a firm орerаtes fоr sаtisfying the needs оf the…
Q: How can companies benefit from Consumer Marketing events?
A: Numerous organizations are not increasing the value of their present clients. We can get this, by…
Q: What rights do consumers have and why do some critics of marketing feel buyers need more protection?
A: Business is an activity of making money or one’s living by producing some products or services or…
Q: Think of a specific product or service and then formulate a concrete marketing strategies that can…
A: A marketing strategy refers to a business's plan for reaching the target market and turning the…
Q: how does marketing works
A: Mаrketing meаns the methоds with whiсh the firm орerаtes fоr sаtisfying the needs оf…
Q: How do consumers respond to various marketing efforts the company might use?
A: Consumer Response- It is the negative and positive feedback received by a company regarding their…
Q: Can a business or company make a marketing strategy without making marketing tactics?
A: Markets are going global these days. the organizations are trying to gain a competitive edge over…
Q: How are marketing decisions affected by environmental forces?
A: Operations of an organization are directly related to the various factors in the environment.…
Q: How has recent changes in the technological environment affects buyer behavior and how has it…
A: Technology has caused many changes in the lives of the people. Technology has an impact on each and…
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Solved in 2 steps
- Does Marketing Create or Satisfy Needs? Marketing has often been defined in terms of satisfying customers' needs and wants. Critics, however, maintain that marketing goes beyond that and creates needs and wants that did not exist before. They feel marketers encourage consumers to spend more money than they should on goods and services they do not really need.Some critics of marketing have suggested that market segmentation and target marketing lead to an unnecessary proliferation of product choices that wastes valuable resources. These critics suggest that if marketers didn’t create so many different product choices, there would be more resources to feed the hungry and house the homeless and provide for the needs of people around the globe. Are the results of segmentation and target marketing harmful or beneficial to society as a whole? Should firms be concerned about these criticisms? Why or why not?How does the marketing process create value for customers and the company?