The managerial and social process by which customers obtain what they need and want through creating and exchanging products and value with others refers to which of the following?

Q: Are companies ethically to blame when customers misuse their products?

A: Companies are obliged to supply quality goods to the customers and check that no duplicate or…

Q: Is there a difference in marketing to individual customers and marketing to organisations?

A: The marketing concept varies from individual to the organisations and the approach which is applied…

Q: 1-7 What are the two key characteristics of the marketing concept?

A: The marketing principle is the belief that businesses should analyse their customers' needs and then…

Q: why it is essential for every company to understand the behaviour of consumer and aligning them to…

A: Consumer behavior is nothing but the study of customers and the processes they used to select,…

Q: What makes some customers more valuable than others?

A: Some customers are more valuable than others. This may be due to a variety of factors, including the…

Q: In your local area, identify a group of people with unsatisfied product needs who represent a…

A: Every organisation will create value for shareholders in terms of profits and for customers in terms…

Q: The managerial and social process by which customers obtain what they need and want through creating…

A: Consumer behavior can be described as the behavior or habit of a consumer which he shows while…

Q: Identify ONE Megatrend from each of the following trends impacting your preferred career    Social…

A: Megatrends are large, transformative global forces that define the future by having a far-reaching…

Q: What are three particular activities that an organization can take to overcome consumer distrust?

A: The core of every buyer-seller partnership is trust. When a consumer hands over their money, they…

Q: Why it becomes more difficult for companies to understand customers’ different needs from the…

A: Without continual attempts to better understand client needs, a company cannot survive. Take the…

Q: Why is it critical for marketing managers to have a thorough knowledge of consumer behavior?

A: There are various industries and organizations that are active these days. There are different…

Q: Why it is important to study consumer behaviour?

A: Consumer behavior can be defined as the activities performed by the consumers in the market. It…

Q: What type of relationship exists between facilitators and customers?

A: To deliver the need and value to the customer, marketers/facilitators directly or indirectly also…

Q: Why might business customers generally be consideredmore rational in their purchasing behavior than…

A: Business consumers are the consumer who buys the product with the aim of adding value to it and then…

Q: discuss why it is important for a firm to study consumer behavior ?

A: Introduction : The field of consumer behavior analyses the decisions customers make while deciding…

Q: How can the organizations identify the most Valuable customers andunderstand their needs?

A: Consumer Demands Consumer Demands are described as the motivating elements that cause customers to…

Q: Explain why do we study consumer behaviour?

A: Introduction:- Consumer is the focus point of all the marketing activities. Consumer behaviour is…

Q: What are AIO statements? How are they used by marketers?

A: Understanding about customers is the most important task which any marketer can execute. This gives…

Q: the benefits for the company to understand about consumer behaviour?  discuss about the tools that…

A: The benefits for the company to understand about consumer behavior : The benefits of Studying…

Q: How can companies leverage customer reviews and testimonials to shape positive consumer attitudes?

A: Consumer Attitudes present both possibilities and challenges for marketers. A campaign will have…

Q: What is the relationship between Marketing and Consumer Behavior?

A: The consumer is the person who buys things from the company for their personal use. The consumer…

Q: Describe and explain the role of organizational employees as the ‘5th P’ element of marketing

A: The marketing elements play an important part in the decision-making process of an organization. The…

Q: What difficulties and issues do final consumers encounter in the absence of a unified system?

A: In the absence of a unified system, final consumers can encounter various difficulties and issues…

Q: Discuss the critiques of the following marketing philosophies: Production Concept Product Concept…

A: Mаrketing  meаns  the  strаtegies  whiсh  the  firm  орerаtes  fоr  sаtisfying  the  needs  аnd…