Accurate description of modern marketing today

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1. Which of the following is an accurate description of modern marketing today?

a. Selling and advertising are synonymous with marketing.

b. Marketing involves satisfying producers' needs first.

c. Marketing is the creation of products for customers.

d. Marketing is used by for-profit organizations only.

e. Marketing is managing profitable customer relationships.

2. According to the authors, the single most important demographic trend facing marketers is the ________.

a. changing structure of the family

b. mobility of the population

c. slowing birth rate

d. increasing growth in professional jobs

e. changing age structure of the population

3. Cumulative policy changes over the past several decades by institutions. such as the World Bank or the World Trade Organization, as well as leaders of national governments have aided the expansion of international business by __________.

A. removing immigration restrictions so that MNEs can move personnel as needed

B. Developing systems and practices that ease the flow of goods between countries

C. assisting the emergence of MNEs from low-income countries by offering protected market sanctuaries

D. specifying a universal language to conduct international business transactions

4. Even though the term globalization is frequently used, it _______?

A. is easily measured.

B. is ameanable to objective specification.

C. shares a universal meaning across cultures.

D. is difficult to define.

5. Design a process for the following activities (I need all three of these please.):

a. preparing for an exam

b. writing a term paper

c. planning a vacation

Reference no: EM132271248

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