Which one of the following components is not the part of broad marketing environment?
Task environment
Marketers usually divide the marketing environment into two layers, and the question asks which listed component does not belong to the broad (macro) layer.
The broad or macro marketing environment is made up of the large societal forces that affect every firm in a market and lie largely beyond any single firm's control - the demographic, economic, natural, technological, political-legal and cultural forces. So the technological, demographic and natural environments are all part of it.
The task environment is the immediate or micro environment: it consists of the company itself together with its suppliers, marketing intermediaries, customers and competitors - the actors close to the firm that it deals with directly and can partly influence. This belongs to the micro layer, not the broad macro layer.
Hence the component that is not part of the broad marketing environment is the task environment.
Marketers have traditionally classified products on the basis of three characteristics : __________ , tangibility and use.
Which one of the following can be legally protected ?
Which one of the following is the demand state where “Consumers dislike the product and may even pay to avoid it” ?
“The customer wants an inexpensive car”. This is an example of which one of the following type of needs ?
Assertion (A) : Marketers are increasingly asked to justify their investments in financial and profitability terms and rarely in terms of building the brand and customer base.
Reasoning (R) : Organizations recognize that little of their market value comes from intangible assets.
Code :
According to Five-Stage Model of the Consumer Buying Process, which one of the following sequence is followed ?
Which of the following category of goods and services is most likely to require an aggressive use of the selling concept ?
What are the four main components of holistic marketing ?
According to the __________ theory, marketers can enhance demand for a product by associating it with strong drives, using motivating cues and providing positive re-enforcement.
Consider the following statements:
(a) Brand equity is essentially the same as brand valuation.
(b) Market segmentation and product differentiation are alternative marketing strategies.
(c) Durable goods normally require less personal selling, after sales service and seller guarantees, than the non-durable goods.
(d) Price discrimination in all forms is illegal in India.
Indicate the correct statements:
Statement (I): The mindset which is commonly associated with a long-ago era when the demand for goods generally exceeded the supply, and the primary focus in business was to effectively produce medium quantities of products; finding the customers was viewed as a relatively major function.
Statement (II) : The firms with product orientation typically focus on the quality and quantity of offerings while assuming that customers will seek out and buy reasonably priced well-made products.
From the above statements indicate the correct code of being statements correct or incorrect The statements relate to concepts of marketing.
Marketers have traditionally classified products on the basis of three characteristics : __________ , tangibility and use.
Which one of the following can be legally protected ?