Which of the Following Illustrates the Marketing Concept in Action

question 21

Multiple Choice

Which of the following illustrates the marketing concept in action?

• A) Three pediatricians set up a group practice--so that at least one is always available for emergencies.
• B) Bank ATMs that dispense cash are placed in fast-food restaurants.
• C) The Nevada auto registration office mails license tags to people, to reduce inconvenient waiting in line.
• D) A veterinarian has office hours in the evening to see pets whose owners must work during the day.
• E) All of the above.

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Definitions:

Inspecting Everything

The practice of thoroughly examining and reviewing all components or aspects of a project, process, or system.

Crisis Management

The method an organization employs to handle a sudden and unforeseen incident that poses a risk to the organization or its stakeholders.

Managerial Firefighting

The act of managers constantly dealing with crises and urgent problems rather than focusing on long-term planning and preventive measures.

Concurrent Control

A management method that involves monitoring and adjusting ongoing activities and processes to meet desired standards in real-time.