Which of the Following Is Not Part of the Definition

question 5

Multiple Choice

Which of the following is not part of the definition of marketing?

• A)planning and execution regarding the marketing mix
• B)creating exchange
• C)gauging production efficiency
• D)satisfying consumer needs as well as organizational objectives
• E)All of the above are part of the definition of marketing.

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Definitions:

Break-even Analysis

A financial calculation to determine the point at which a business, product, or project will become profitable, by equating total revenues with total costs.

Single Product

Referring to businesses or production processes that focus on the manufacture or sale of one specific product.

Redesign

The process of changing or modifying the design of a product, service, or system to improve functionality or aesthetics.