Which of the Following Is NOT a Predicted Direction for Marketing

question 7

Multiple Choice

Which of the following is NOT a predicted direction for marketing in the coming years?

• A) the demise of precision marketing and rise of mass marketing
• B) the demise of the marketing department and the rise of holistic marketing
• C) the demise of marketing intuition and the rise of marketing science
• D) the demise of manual marketing and the rise of both automated and creative marketing
• E) the demise of free-spending marketing and the rise of ROI marketing

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Definitions:

Tax Per Unit

A fixed amount of tax imposed on a product or service, regardless of its selling price.

Producer Surplus

The divergence between what producers are prepared to agree on for a sale of goods or services and the resultant financial gain.

Consumer Surplus

represents the difference between what consumers are willing to pay for a good or service and what they actually pay, indicating economic welfare.

Tax Revenue

The income generated by the government through the imposition of taxes on goods, services, income, and transactions.