Commercial Applications
Which of the following is the feature of the marketing?
- Needs and wants
- Creating a market offering
- Customer value
- All of these
Markets & Marketing
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Answer
All of these
Reason — Marketing is concerned with identifying needs and wants of customers, creating a market offering (products and services) to satisfy those needs, and delivering customer value. Hence, all the given options are features of marketing.
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- It places customer satisfaction secondary to selling the product
- It emphasizes product quality over marketing
- It relies heavily on network marketing