What is the definition of marketing?
A)understanding the wants of the consumer
B)understanding the needs of the consumer
C)developing the needs for the advertising
D)developing the wants of a marketing firm

Question

Quizplus · Accepted Answer

Marketing refers to the process of understanding the needs of the consumers and developing strategies to satisfy those needs through the creation, promotion, and distribution of products or services. While understanding the wants of consumers is also important, it is the needs that must be met in order for marketing to be successful. Developing needs for advertising or wants for a marketing firm is not an accurate definition of marketing.

What Is the Definition of Marketing