After an Assessment of Needs,a Marketing Manager Must Translate Ideas

question 175

Multiple Choice

After an assessment of needs,a marketing manager must translate ideas from consumers into concepts for products that a firm may develop.The concepts must then be converted into a tangible

• A)marketing strategy.
• B)macromarketing agenda.
• C)micromarketing agenda.
• D)marketing program.
• E)marketing concept.

Distinguish between various relationship types in databases and their practical implications.

Understand the organizational structure of databases, including key concepts like fields, records, and tables.

Understand different types of databases and their suitability for various tasks.

Recognize the structure and components of databases (e.g., tables, records, fields).

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Definitions:

Economic Analysis

A systematic approach to examining the allocation, distribution, and use of resources, often involving trade-off assessments and opportunity cost considerations.

Single Factor

A term in economics and production referring to the focus on one variable or input while analyzing its impact on an output or outcome.

Opportunity Cost

The consequence of choosing a specific option is the preclusion of potential rewards from other possibilities.

Pint

A unit of volume or capacity used in liquid measure, equal to one-half of a quart or approximately 473 milliliters in the United States.