Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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10. Knowing your market/target customer is one of the priorities in having business.
A.True
B. False
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- 1. An unsatisfied need is a gap between a person's actual and desired states on some physical or psychological dimension . Select one : True False 2. Market - oriented firms are characterized by a consistent focus only at the managerial level on customers ' needs and competitive circumstances . Select one : True Falsearrow_forward9. What is your analysis on the following statements? because perceptions of Statement I: The value of the product to the consumer is easy to measure the value are subjective. Statement II: Marketing research can be used to identify marketing opportunities and problems, generate and evaluate potential marketing actions or plans, monitor marketing performance and improve marketing as a process. b. Only Statement 1 is true a. Only Statement II is true c. Both Statements are true d. Both Statements are falsearrow_forward8.__________As a process of self-examination during her senior year of college, Sara decides to develop a SWOT analysis of her prospects relative to getting a job.2. Sara realizes that she has a personal characteristic that suggests she is not comfortable interacting with strangers. She interprets this as a(n) ___________ if she is to get a job as a salesperson. alternative strength weakness opportunity B onlyarrow_forward
- 3 Which of the following is not a Leading Indicator? a.Mid-year annual review performance ratings b.Creating a development plan c.Sending staff to a skills training program d.Net Profit after Taxesarrow_forwardMost strategies in the Wheel of Loyalty require a(n) __ understanding of customers to actively improve loyalty and prevent customer switching * a. foundational b. customized c. in-depth 2. Most strategies in the Wheel of Loyalty require a(n) ___ understanding of customers to actively improve loyalty and prevent customer switching * a. foundational b. customized c. in-deptharrow_forwardThe following are the major steps in developing new products EXCEPT_______________. Select one: A. Idea generation B. Evaluation of competitors effort C. Test marketing D. Project Planningarrow_forward
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