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By Marketing Mcqs No Comments

The most formal definition of marketing is ____________?

A. Meeting needs profitably
B. Identifying and meeting human and social needs
C. The 4Ps (Product, Price, Place, Promotion)
D. an organizational function and a set of processes for creating, communicating, and delivering, value to customers, and for managing customer relationships in ways that benefit the organization and its stake holders.
E. improving the quality of life for consumers

Related Mcqs:

  1. Marketing is both an “art” and a “science” there is constant tension between the creative side of marketing and the ________ side.

    A. Selling side
    B. Formulated side
    C. Management side
    D. Forecasting side

  2. In marketing channels, the conflict occurs at different levels of same marketing channel is classified as?

    A. vertical conflict
    B. horizontal conflict
    C. steep conflict
    D. slope conflict

  3. The international marketing strategy according to which company uses separate marketing mix for each international target market is classified as?

    A. straight product marketing
    B. product adaptation marketing
    C. standardized global marketing
    D. adapted global marketing

  4. The international marketing strategy according to which company uses same marketing mix in all the international markets is called?

    A. straight product marketing
    B. product adaptation marketing
    C. standardized global marketing
    D. adapted global marketing

  5. In marketing analysis, the result evaluation of marketing activities is part of?

    A. Analysis
    B. Planning
    C. Implementation
    D. Control

  6. The marketing system in which two or more companies join together at one level to seek new marketing opportunity is classified as?

    A. horizontal marketing system
    B. vertical marketing system
    C. static marketing system
    D. flexible marketing system

  7. In marketing channels, the conflict occurs in marketing channels working at same level is classified as?

    A. steep conflict
    B. slope conflict
    C. vertical conflict
    D. horizontal conflict

  8. The sustainable marketing principle which states that company should organize and view its marketing mix activities by keeping customer view in mind is called?

    A. consumer oriented marketing
    B. customer value marketing
    C. innovative marketing
    D. inbound ⁄ outbound marketing

  9. The sustainable marketing principle which states that company must seek real marketing and product improvement is classified as?

    A. consumer oriented marketing
    B. customer value marketing
    C. innovative marketing
    D. inbound ⁄ outbound marketing

  10. The differentiated marketing in comparison of undifferentiated marketing creates _______?

    A. more total sales
    B. less total sales
    C. less total cost
    D. more total purchases

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The correct answer to the question: "The most formal definition of marketing is ____________?" is "an organizational function and a set of processes for creating, communicating, and delivering, value to customers, and for managing customer relationships in ways that benefit the organization and its stake holders.".

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