Marketing can provide needed direction for production and help make sure that the right goods and services find their way to interested consumers.
Answer the following statement true (T) or false (F)
True
Marketing provides needed direction for production and helps make sure that the right goods and services are produced and find their way to consumers.
You might also like to view...
What are brands, and what are their functions in global marketing? How do brands develop their image, identity, and equity? Are global product and global brands the same?
What will be an ideal response?
Firms use competitive marketing intelligence to ________
A) create and sustain market monopolies B) counter the adverse effects of organizational anarchy C) perpetuate organizational learning D) gain early warnings of competitor moves and strategies E) strengthen weak ties with industry competitors
The primary advantage of trucks is the capacity to carry large volumes of goods, fairly quickly, at a low cost.
Answer the following statement true (T) or false (F)
United Industries manufactures a number of products at its highly automated factory. The products are very popular, with demand far exceeding the factory's capacity. To maximize profit, management should rank products based on their:
A. contribution margin B. contribution margin per unit of the constrained resource C. selling price D. gross margin