Marketers Who Want to Serve Both Consumer and Business Market

question 76

Multiple Choice

Marketers who want to serve both consumer and business market sectors should:

• A)develop a market oriented organizational plan.
• B)become proficient in understanding customers.
• C)become proficient in satisfying customers.
• D)all of the above.
• E)(a)and (b)only.

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Definitions:

Department of Agriculture

A federal executive department responsible for developing and executing federal laws related to farming, forestry, rural economic development, and food.

Urban Wage Earner

An individual who earns their living through employment in an urban area, typically referring to workers in non-agricultural jobs.

Average Income

The sum of all incomes in a particular group divided by the number of individuals in that group, often used to indicate economic health.

Minimum Food Budget

The lowest estimated amount of money required to cover the cost of food necessities for an individual or household.