Question: Fill in the words from the drop - down list that best complete the following passages. After marketers select a select answer , they direct
Fill in the words from the dropdown list that best complete the following passages.
After marketers select a
select answer
they direct their companys activities toward marketing strategies built around four variables, often referred to as the
select answer
The variable of
select answer
may involve decisions about customer service, package design, brand names, and trademarks, patents, and warranties. The variable of
select answer
may include decisions involving modes of transportation, warehousing, inventory control, order processing, and selection of marketing channels. The variable of
select answer
is broadly defined as communications to a firms buyers about their products.
Assessment question
Marketing has been viewed and practiced differently over the decades. At least five different eras or orientations in marketings history have been identified. Fill in the words from the dropdown menu that best complete the following passages.
Companies who follow a
select answer
emphasize the efficient manufacturing of quality products and then look for people to purchase them. This orientation reached its peak in the
select answer
when product shortages and intense consumer demand ruled the day. Somewhat similarly, companies who follow a
select answer
emphasize the belief that creative advertising and personal selling will persuade customers to buy. Both of these orientations were largely replaced by the
select answer
which favors a focus on satisfying the needs and wants of consumers. This orientation is associated with belief in the
select answer
a companywide customer orientation, which maintains that all facets of an organization must contribute first to assessing and then satisfying customer needs and wants. Today many companies take this customer orientation further, focusing on building longterm. valueadded associations and connections over time with customers and suppliers. This describes the
select answer
of marketing.
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