The 10 Marketing concepts .  Direction: Connect each concept, in sequential order, beginning from concept 1. Discuss and give an example 1. MARKETERS and PROSPECTS 2. NEEDS, WANTS, and DEMANDS 3. PRODUCT or OFFERING

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Q: a) Why is marketing important for a business?

A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.