A Marketer Who First Identifies Consumer Needs and Then Creates

question 2

Multiple Choice

A marketer who first identifies consumer needs and then creates value by providing products that satisfy those needs is practicing the ________.

• A) sales orientation
• B) marketing concept
• C) customer lifetime value concept
• D) production orientation
• E) social responsibility concept

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Definitions:

Grantor

The person or entity that creates a trust and transfers property into it, or someone who grants or conveys a legal right.

Living Will

A document that allows a person to control the methods of medical treatment that may be used after a serious accident or illness.

Long-term Improvements

Enhancements or upgrades to property or assets that are expected to provide benefits over a period exceeding one year.

Principal's Beneficiary

An individual or entity that stands to benefit from the actions or decisions of a principal, especially in legal or financial contexts.