Question: Answer ALL questions. Each question carries ONE ( 1 ) mark State whether each of the following is True or False 1 . Marketing is
Answer ALL questions. Each question carries ONE mark
State whether each of the following is True or False
Marketing is the delivery of customer satisfaction at a profit.
Marketing orientation holds that consumers will favour products that are available and
highly affordable.
Strategic planning involves developing and maintaining strategic fit between the firms
goals and capabilities and its changing marketing opportunities.
Question marks are products or business units in high growth markets and have a low
market share.
Diversification is a process that involves selling existing products to new markets.
SWOT analysis consists of; strengths, weaknesses, ownership, and threats.
Political legal forces are a component of the firms microenvironment.
Primary data is original data collected specifically to deal with a specific problem area.
Customer value is basically total value less total customer costs.
Market segmentation plays a dual role namely: a market tool and a basic input to business
planning.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
