Which of the Following Statements Is True of the Marketing

question 7

Multiple Choice

Which of the following statements is true of the marketing concept?

• A)It states that an organization should satisfy customer wants and needs while meeting organizational objectives.
• B)It overlooks the importance of understanding the competitive arena and strengths and weaknesses of competition.
• C)It states that firms should give maximum importance to aggressive promotional and advertising activities.
• D)It states that marketing solely means selling things and collecting money.

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Definitions:

Text Sidebar

A sidebar specifically designated for text information, commonly found in software applications or websites.

Preformatted Text Box

A user interface element that displays text in a specific format that is not subject to the usual processing applied to text (like automatic line breaks).

SmartArt

A graphic diagram tool included in office applications that allows users to visually communicate information through a variety of charts, cycles, hierarchies, and relationships.

Mail Merge Wizard

A tool within word processing software that assists users in creating documents that combine a standard template with personalized information for multiple recipients.