Marketing bridges the gap between _________ and _________.
Answer & Explanation
Correct Answer: the consumer, the producer
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_________ is one of the activities (functions) performed in ___________.
Answer & Explanation
Correct Answer: Selling, marketing
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Which of the following factors would NOT affect the effectiveness of a product's packaging:
Answer & Explanation
Correct Answer: All of the above would affect it
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If __________ is higher than __________, customers will be satisfied.
Answer & Explanation
Correct Answer: the perceived performance, the expectation
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Which among the following are not functions performed by the management information system?
Answer & Explanation
Correct Answer: Formulating hypotheses
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Of the time us consumers spend with all media, almost ________ is spent online.
Answer & Explanation
Correct Answer: One-half
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____________ is concerned with identifying the capacity of the market to absorb a particular product.
Answer & Explanation
Correct Answer: Market research
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Which of the following environmental factors or forces affecting the marketing operations of a company is NOT at least partially controllable?
Answer & Explanation
Correct Answer: Social factors
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Which of the following types of market structure defines 'Oligopoly'?
Answer & Explanation
Correct Answer: Where a few interdependent firms account for the bulk of an industry's sales. Each has a large number of the industry's customers and each tries to anticipate what others will do
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A marketing plan for a company begins with an assessment of ______.
Answer & Explanation
Correct Answer: Where things currently stand
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