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Laptop Computers,pet Food,cake Mixes,DVDs,and Recreational Vehicles Are Examples of _____

question 159

Multiple Choice

Laptop computers,pet food,cake mixes,DVDs,and recreational vehicles are examples of _____ that satisfy a particular type of need.


Definitions:

Marketing Concept Era

A period when businesses recognized the importance of understanding and meeting the needs and wants of consumers for their success.

Customer Relationship Era

A period in marketing where focus shifts to building long-term relationships with customers, emphasizing satisfaction and engagement over singular transactions.

Marketing Concept

A philosophy suggesting that achieving organizational goals depends on knowing the needs and wants of target markets and delivering desired satisfactions.

Market Orientation

A business approach that prioritizes identifying and meeting the needs and desires of customers through product innovation and customer satisfaction.

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