which of the following is not an element of the marketing concept? course hero

What do you mean by marketing?

A. any activity used to advertise and promote a product or service. promote a product or service. society as a whole. customers want them. investment. A. provide customers with value. B. increase profits by ensuring customers pay the highest price possible for a product.

Why do we need to study marketing?

Studying marketing is important because -regardless of your major, it is important to have a basic understanding of all business areas. -marketing contributes directly to a company's profits and growth. -it allows students to become better informed citizens.

What is the marketing philosophy of a thrift store?

Marketing involves building long-term, mutually rewarding relationships with customers. Marketing focuses primarily on selling goods, services, and/or ideas to customers. Thrift stores seek to achieve profitability through high sales volumes. Which marketing philosophy could most help a company outperform its competitors in today's marketplace?

What is the purpose of a nonprofit organization’s marketing program?

It can help nonprofit organizations attract members and raise much-needed funds. C. It would have no impact since nonprofit organizations do not require marketing campaigns. D. It can allow nonprofit organizations to receive tax breaks from the government.

What is marketing in business?

d. Marketing is an organization function and a set of processes implemented in order to ensure customer satisfaction. Marketing is an organization function and a set of processes implemented in order to ensure customer satisfaction.

What is marketing philosophy?

Marketing is a philosophy, an attitude, a perspective, or a management orientation that stresses customer satisfaction. b. Marketing involves building long-term, mutually rewarding relationships that are beneficial exclusively to the sellers.