What Is the Approach That Aims to Meet Customer Needs

question 99

Multiple Choice

What is the approach that aims to meet customer needs at the exact time that shipments are needed?

• A) last- in last- out
• B) first- in first- out
• C) lean- time
• D) just- in- tine

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Definitions:

Integrated Marketing Communications

A strategic, collaborative, and promotional marketing function where a targeted audience receives consistent and cohesive messaging across various marketing channels.

Promotional Messages

Communications designed to inform, persuade, or remind potential buyers about a product or service to influence their purchasing decisions.

Customer Needs

The recognized desires or requirements of consumers that prompt them to purchase a product or service to solve a problem or fulfill a desire.

Skimming Pricing

A marketing strategy involving setting high prices for a new product during its initial phase to maximize profitability from customers willing to pay more.