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Quiz! Formative Chapter 1 Flashcards | StudBud
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Quiz! Formative Chapter 1
Quiz! Formative Chapter 1
10 terms
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StudBud Administration
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Flashcards
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Questions
10
Answers
1
Which marketing management concept suitable for the product below?
The Marketing Concept
The Selling Concept
The Social Marketing Concept
The Product Concept
2
Demand is created _________________
by human needs and shape by culture and individual personality.
when buying power supports a person's want
from needs with several choices
from the states of deprivation
3
Core marketing concepts have 5 different core.
True
False
4
"This concept is suitable for unsought goods"
The Social Marketing Concept
The Product Concept
The Production Concept
The Selling Concept
5
_____________ is the extend to which a product's perceived performance matches a buyers's expectation.
Market Offerings
Consumer Value
Exchange
Customer satisfaction
6
A person or company that make the goods or services available in the market are called __________.
Markets
Market Offerings
Marketers
Marketings
7
Marketing also build weak relationships in order to capture value from customers in return.
True
False
8
"The organization should focus on improving production and distribution efficiency"
The Selling Concept
The Product Concept
The Social Marketing Concept
The Production Concept
9
Which marketing management concept suitable for the high quality and performance product below?
The Social Marketing Concept
The Selling Concept
The Marketing Concept
The Product Concept
10
Marketing as the process by which companies create value for customers
True
False