Marketing occurs when people decide to satisfy needs and wants through exchange relationships.

Name: Marketing occurs when people decide to satisfy needs and wants through exchange relationships.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Marketing involves identifying and fulfilling customers' needs and wants through exchange relationships, which typically involve giving up something of value (e.g. money) in exchange for something else (e.g. a product or service). Therefore, the statement is true.

Marketing Occurs When People Decide to Satisfy Needs and Wants