Asked by
Alberto Sutton
on Nov 06, 2024Verified
In the context of the marketing concept,which is the first step that a business must take?
A) Develop durable goods.
B) Find out what consumers desire.
C) Produce innovative products.
D) Promote new products.
E) Build a brand name.
Marketing Concept
The idea that an organization should try to satisfy customers’ needs through coordinated activities that also allow it to achieve its own goals.
Durable Goods
Consumer products that have a long life span and are not consumed or worn out quickly.
- Acquire knowledge on how marketing contributes to value creation and the satisfaction of consumer demands.
Verified Answer
OS
Learning Objectives
- Acquire knowledge on how marketing contributes to value creation and the satisfaction of consumer demands.
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