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5 Marketing Concepts Flashcards | StudBud
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5 Marketing Concepts
5 Marketing Concepts
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Flashcards
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Questions
6
Answers
1
Which of the following strategies illustrates a market orientation?
Creating customer value
Targeting the average consumer
Increasing overhead production costs
Implementing centralization
2
The focus of this marketing orientation is on the internal capabilities of the firm
Relative answer
Societal
Sales
Production
3
This marketing orientation focus on aggressive sales techniques and belief that high sales result in high profits
Production
Societal
Sales
Marketing
4
The term 'Marketing Myopia' was developed by a Harvard Professor who wrote an article in the 1960'S
True
False
5
________is to satisfy customer needs and wants while enhancing individual and societal well-being
Sales Marketing
Marketing Concept
Product Marketing
Societal Marketing
6
Companies focused on Sales marketing orientation are interested on discovering what do customerswant and need?
True
False