Four factors are required for marketing to occur: (1) two or more parties (individuals or organizations) with unsatisfied needs; (2) a desire and ability on their part to be satisfied; (3) __________; and (4) something to exchange.
A)a way for the parties to communicate
B)a healthy competitive environment
C)an affordable and actionable advertising campaign
D)a sense of social responsibility
E)an ability to see hidden potential within an environmental force

Question

Quizplus · Accepted Answer

The missing factor is a way for the parties to communicate. Marketing cannot occur if the parties are not able to communicate their needs and desires to each other. This communication can occur through various channels such as advertising, salespeople, or online platforms.

Four Factors Are Required for Marketing to Occur: (1) Two