Question: *Answer all question with Explanation based on the scenario given Scenario Marketing has often been defined in terms of satisfying customers' needs and wants. Marketing

*Answer all question with Explanation based on the scenario given

Scenario

Marketing has often been defined in terms of satisfying customers' needs and wants. Marketing goes beyond that and creates needs and wants that did not exist before. According to this, many marketers encourage consumers to spend more money than they should on goods and services they really do not need.

QUESTION:

  1. Explain in details FIVE (5) forces contribute to this statement.

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