Which of the Following Is a True Statement

question 54

Multiple Choice

Which of the following is a true statement?

• A) Since marketing is concerned with many thousands of different products, there is no one set of marketing functions that applies to all products.
• B) Responsibility for performing marketing functions can be shifted and shared, but no function can be completely eliminated.
• C) From a micro viewpoint, every firm must perform all of the marketing functions.
• D) Marketing functions should be performed only by marketing intermediaries or collaborators.
• E) Many marketing functions are not necessary in market-directed economies.

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Definitions:

Knowledge

Information, understanding, or skill acquired through experience or education.

Leadership Process

Refers to the methods and practices through which an individual influences others to achieve a common goal.

Followers

Individuals who support and are guided by a leader or subscribe to particular doctrines or practices.

Leaders

Persons who guide, direct, influence, or inspire others towards a common goal, often possessing qualities such as vision, communication skills, and decisiveness.