Concerning the "universal functions of marketing," it is true that:
A) these functions must be performed in all macro-marketing systems.
B) these functions can be performed by producers or intermediaries-but not by consumers.
C) from a micro viewpoint, every firm must perform all of the functions.
D) responsibility for performing these functions can be shifted and shared-and some functions can be completely eliminated to reduce costs.
Correct Answer:
Verified
Q242: An economic system in which government planners
Q243: A macro-marketing system should:
A) provide everyone with
Q244: An intermediary:
A) is a wholesaler-not a retailer.
B)
Q245: Amazon.com and eBay.com are both considered
A) Internet-based
Q246: In macro-marketing
A) no universal marketing function can
Q248: Collaborators
A) specialize in trade rather than production.
B)
Q249: _ refers to the way an economy
Q250: Which of the following is LEAST likely
Q251: Firms that specialize in providing marketing functions
Q252: Which of the following is MOST likely
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