The Main Role of Marketing in an Organization Is To

question 93

Multiple Choice

The main role of marketing in an organization is to:

• A) use revenues to create new products.
• B) manage financial resources to meet legal requirements.
• C) generate sales so the company can stay in business.
• D) serve as a conduit between the firm and its stakeholders.
• E) identify and correct quality control issues.

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Definitions:

Dynamic Pricing

A pricing strategy where prices fluctuate based on real-time supply and demand, competitor pricing, or other market factors.

Customer Demand

Refers to the quantity of a product or service that consumers are willing and able to purchase at a given price within a specified period.

Mason Jars

Glass jars that are typically used for preserving and storing food, but also popular for crafts and decoration.

Club Sponsor

An individual or organization that provides support, often financial, to a club, usually in exchange for advertising or promotional benefits.