What is the key challenge for marketers?
A) The key challenge for marketers is to monitor competitors and match them in terms of their product, place, price and promotion
B) The key challenge for marketers is to develop a competitive advantage through marketing mix decisions, which are cost effective and maximise the company's profits
C) The key challenge for marketers is to continuously develop new, successful products as older products gradually decline in popularity
D) The key challenge for marketers is to monitor and understand customer needs and develop a competitive advantage through marketing mix decisions
Correct Answer:
Verified
Q61: Why is innovation so important in marketing
Q62: A broadly defined, enduring statement of purpose
Q63: Research in the US has found that
Q64: Which of the following statements best defines
Q65: Which of the following statements is true?
A)Marketing
Q67: Which of the following is true?
A)Marketing achieves
Q68: Which of the following statements is true?
A)The
Q69: Implementing the marketing mix can lead to
Q70: Marketing orientated companies attempt to achieve which
Q71: The traditional marketing mix consists of?
A)7 P's
B)4
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