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Exam (elaborations)

WGU C201 Midterm Exam With Complete Solution 2024/2025 Updates

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WGU C201 Midterm Exam With Complete Solution 2024/2025 Updates Marketing - CORRECT ANSWER-The process for discovering unmet customer needs, researching potential markets, producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. The organizational function and set of processes for creating, communicating and delivering value to customers, managing customer relations, advocates ideas or viewpoints and educating others. How does marketing create utility? - CORRECT ANSWER-Creates time, place, and ownership utility. Utility: ability of a good or service to satisfy needs and wants of customer. Time Utility - CORRECT ANSWER-Making a good or service available when a customer wants to purchase it.

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