Marketing Concept Refers to

question 249

Multiple Choice

marketing concept refers to

• A) the activity for creating, communicating, delivering, and exchanging offerings that benefit its customers, the organization, its stakeholders, and society at large.
• B) the belief that an organization should focus its efforts on (1) continuously collecting information about customers' needs, (2) sharing this information across departments, and (3) using it to create customer value.
• C) the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being.
• D) the process of identifying prospective buyers, understanding them intimately, and developing favorable long-term perceptions of the organization and its offerings so that buyers will choose them in the marketplace.
• E) the idea that an organization should (1) strive to satisfy the needs of consumers (2) while also trying to achieve the organization's goals.

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Definitions:

Urban Dwellers

Individuals who reside within the confines of a city or metropolitan area.

Environmental Racism

Discrimination in environmental policy-making and the enforcement of regulations and laws that disproportionately affects minority communities.

Marginalized People

Individuals or groups that are denied access to various rights, resources, and opportunities, and are thus kept on the fringes of society.

Pollution

The introduction of contaminants into the natural environment causing adverse change, which can take the form of chemical substances or energy, such as noise, heat, or light pollution.