Question: ( 1 ) Distribution involves making products available to the consumer. T F ( 2 ) No single pricing formula will work for all businesses,
Distribution involves making products available to the consumer.
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No single pricing formula will work for all businesses, nor is there a formula that will assure maximum profits in all situations.
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Physical distribution starts with understanding consumer needswants and finding lowcost solutions to getting goods to consumers.
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The focal point of marketing decisions is the customer.
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With intensive distribution, manufacturers are usually very careful in their selection of responsible retailers who sell their products.
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A brand helps a company differentiate its offerings from those of competitors.
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Understanding the characteristics and motivations of the ultimate consumer is one of the most important responsibilities of a Marketing Manager.
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The aim of market segmentation is to identify groups of buyers based on similarities and then develop a marketing strategy based on those similarities.
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Many consumers use price as an indicator of quality. T
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Competitive analysis strives to discover a competitive advantage.
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