A local college of business offers an outstanding graduate business school education program. Maria pays the tuition to attend and earns her MBA with a concentration in marketing management. Upon graduating, she is offered a high-paying, fulfilling position. Was this a marketing exchange?
A) No, because the university earned a profit from Maria's tuition.
B) No, because money was exchanged in the form of tuition and Maria's income will come from her employer, not the graduate school.
C) No, because the school did not provide Maria with a tangible product, only the potential of an education.
D) Yes, because the university promised Maria she would graduate on time, and she did.
E) Yes, because paying tuition was exchanged for knowledge that directly led to Maria's high-paying, fulfilling new job.
Correct Answer:
Verified
Q5: Marketing refers to the
A) research and development
Q6: Which statement about marketing is most accurate?
A)
Q7: The activity, set of institutions, and processes
Q8: The American Red Cross creates advertisements to
Q9: The trade of things of value between
Q11: From its inception, where did Chobani want
Q12: To serve both buyers and sellers, marketing
Q13: To serve both buyers and sellers, marketing
Q14: _ responsible for establishing the organization's mission
Q15: Whether an individual is considering a purchase
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