A __________ Is an Organized System of Marketing Institutions Through

question 80

Multiple Choice

A __________ is an organized system of marketing institutions through which products, resources, information, funds, and/or product ownership flow from the point of production to the final user.

• A) marketing network
• B) distribution hub
• C) supply chain
• D) marketing channel
• E) product network

Recognize the importance and methods of internal and external benchmarking.

Comprehend the concept and applications of contingency planning.

Identify the relevance and process of participatory planning in improving plan implementation.

Grasp the principles and benefits of Management by Objectives (MBO).

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that categorizes human needs into a five-level pyramid, with basic needs at the bottom and self-actualization at the top.

Complex Need

A multifaceted requirement involving multiple aspects of psychological, physical, or social desires.

Belonging Needs

The human requirement for interpersonal relationships and a sense of connection with others.

Motivated

Being driven or prompted to act in a particular way or to achieve a specific outcome, often due to internal or external factors.