If You Ask the Average Person, "What Is Marketing?" You

question 75

True/False

If you ask the average person, "What is marketing?" you might hear something like, "Marketers make people buy stuff they don't need and can't afford."

---

Definitions:

New-product Development

The process of bringing a new product to the marketplace, from the initial idea through research and development to eventual launch.

Online Communities

Groups of people who interact and share content or interests through the internet, often via forums, social media, or specialized platforms.

Input

Resources, information, or effort that goes into producing a service or manufacturing a product.

Time To Market

The duration it takes for a product or service to move from conception to being available for sale to consumers.