Definition of marketing is the process by which companies create ______ for customers and build strong customer ________ in order to capture value from customer in return (Kotler, 2016).

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Quiz
•
Business, Education, Other
•
•
Hard
Len JP
FREE Resource
90 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
needs, value
value, relationships
wants, needs
relationships, value
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Satisfaction occurs when _______________.
the performance meet or exceed customer's expectation.
the performance was lower than customer's expectation.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Demands are human wants that are backed by buying power.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is the set of all actual and potential buyers of products or services.
Segment
Need
Value
Market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The marketing manager of this company only focuses on the quantity of the product, product availability and low price to appeal itself to the customers. This company uses _________________.
Production Concept
Product Concept
Sales Concept
Marketing Concept
Societal Marketing Concept
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The marketing manager of this company focuses on the quality and image of the product, and knows that customers will buy it because they recognize the product's worth. This company uses ________________.
Production Concept
Product Concept
Sales Concept
Marketing Concept
Societal Marketing Concept
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The marketing manager of this company didn't focus on the the quality or price, but rather the techniques in selling their products. This company uses __________.
Production Concept
Product Concept
Sales Concept
Marketing Concept
Societal Marketing Concept
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