Marketing information system is used by all-levels in the organization -- top, middle and lower levels. Essential sources of marketing intelligence include those coming from competing firms' product label and advertisements. Market research is a systematic method but not a scientific method of gathering information. Channel members are good source of intelligence about competitors programs and strategies. Suppliers can pose threat as they may become potential entrants to the industry. TRUE FALSE
Marketing information system is used by all-levels in the organization -- top, middle and lower levels. Essential sources of marketing intelligence include those coming from competing firms' product label and advertisements. Market research is a systematic method but not a scientific method of gathering information. Channel members are good source of intelligence about competitors programs and strategies. Suppliers can pose threat as they may become potential entrants to the industry. TRUE FALSE
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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