BMAL-590 Week 1 Section 1 Marketing Exam Questions
and Answers Grade A+
Great Marketing is based on - Answer-Sound, logical economic and psychological
laws of human and organizational behavior.
Marketing is: - Answer-Everywhere, encompasses a wide variety of pursuits, and is
an ongoing process.
Marketing Framework: - Answer-5Cs, STP, and 4Ps
5Cs - Answer-customers
company
context
collaboration
competitors
STP - Answer-segmentation
targeting
positioning
4Ps - Answer-product
, price
promotion
place
What is marketing? - Answer-Marketing is an exchange between a firm and its
customers.
Marketing can be involved in: - Answer-goods
services (hotels and airlines)
nonprofit organizations (organ donation)
government agencies (smoking cessation)
events (baseball game)
people (political campaigns and athletes)
ideas
companies
industries
experiences (ESPN Zone)
Marketing evolution: - Answer-production orientation, through selling orientation,
arriving at the customer orientation
and Answers Grade A+
Great Marketing is based on - Answer-Sound, logical economic and psychological
laws of human and organizational behavior.
Marketing is: - Answer-Everywhere, encompasses a wide variety of pursuits, and is
an ongoing process.
Marketing Framework: - Answer-5Cs, STP, and 4Ps
5Cs - Answer-customers
company
context
collaboration
competitors
STP - Answer-segmentation
targeting
positioning
4Ps - Answer-product
, price
promotion
place
What is marketing? - Answer-Marketing is an exchange between a firm and its
customers.
Marketing can be involved in: - Answer-goods
services (hotels and airlines)
nonprofit organizations (organ donation)
government agencies (smoking cessation)
events (baseball game)
people (political campaigns and athletes)
ideas
companies
industries
experiences (ESPN Zone)
Marketing evolution: - Answer-production orientation, through selling orientation,
arriving at the customer orientation