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MKT 421 Final Exam Guide 4.pdf

For more course tutorials visit www.uophelp.com 1) Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to satisfy are activities a firm should do as part of 2) For Tesla, a new firm that makes an electric sports car, estimating how many competitors will make electric vehicles and what kinds they will make, is: 3) According to the text, marketing means: A. Selling. B. Advertising. C. Producing and selling. D. Much more than selling and advertis

For more course tutorials visit
www.uophelp.com

1) Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to satisfy are

activities a firm should do as part of

2) For Tesla, a new firm that makes an electric sports car, estimating how many competitors will make electric vehicles and what kinds

they will make, is:


3) According to the text, marketing means:
A. Selling.
B. Advertising.
C. Producing and selling.
D. Much more than selling and advertis

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20) The process of naming broad product-markets and then segmenting them in order to selecttarget markets and develop suitablemarketing mixes is called:21) ______________ is the process of naming broad product-markets and then segmenting thesebroad product-markets in order to selecttarget markets and develop suitable marketing mixes.22) A ______________ is an organized way of continually gathering and analyzing data to getinformation to help marketing managersmake ongoing decisions.23) ________________ ________________ utilizes qualitative and quantitative analysisprocedures to help marketing managers makemore informed decisions.24) Procedures that develop and analyze new information to help marketing managers makedecisions are called:

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