Which of the following is a core aspect of marketing?
A) satisfying as many needs as possible
B) creating a product that everyone will want to buy
C) setting prices lower than all competitors
D) making product, place, promotion, and price decisions
E) increasing the company's profit

Question

Quizplus · Accepted Answer

Making product, place, promotion, and price decisions are the core aspects of marketing, also known as the 4 P's of marketing. Satisfying as many needs as possible and creating a product that everyone will want to buy are important goals, but they are not the core aspects of marketing. Setting prices lower than all competitors may not always be the best strategy, and increasing the company's profit is a goal but not a core aspect of marketing.

Which of the Following Is a Core Aspect of Marketing