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Marketing:Creating and Capturing Customer Value Flashcards | StudBud
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Marketing:Creating and Capturing Customer Value
Marketing:Creating and Capturing Customer Value
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StudBud Administration
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Marketing Management
Flashcards
9 cards
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Practice quiz
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Questions
9
Answers
1
Marketing myopia is focusing only on existing wants and losing sight of underlying consumer needs.
True
False
2
Marketing Management Orientations can be understood by product, selling, marketing, ________ & _________ concepts.
Promotions, Social
Societal Marketing, Production
Production, Packaging
Packaging, Promotional
3
Food, clothing & Brands are basic needs of every human being.
False
True
4
Marketing is managing profitable customer relationships.
True
False
5
Customer Relationship Management is process of building profitable relationships by delivering superior customer value
False
True
6
The 7Ps of Marketing are Product, Price, Place, Promotion, People, _____ & _______
Physical evidence, Plan
Process, Physical evidence
Process , packaging
Process, Projects
7
3Rs of sustainability are ReUse, Reduce & __________
Regenerate
Recycle
Rejoin
Reproduce
8
Social media platforms are a great tool to create buzz about the products.
True
False
9
Market segmentation refers to dividing the markets into segments of customers.
True
False