When considering marketing's place in the economy, what is the most important role the marketing function plays?

Business

1 answer:

poizon [28]3 years ago

5 0

Answer:

B. Creating value for customers.

Explanation:

Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.

You might be interested in

Consider the two countries of Swala and Atlantis. Swala is a major producer of wheat and rice while Atlantis specializes in the

Ivenika [448]

I think the answer is C

7 0

2 years ago

Summer lay-by and christmas were two occasions in which ______ could look forward to for recreation and relaxation.

Pie

Summer lay-by and Christmas were two occasions in which slaves could look forward to for recreation and relaxation.

4 0

3 years ago

What is the value of capital stock for the company based on the information provided?

amid [387]

What is the value of capital stock for the company based on the information provided?

We need more info

8 0

3 years ago

Jane's candy shack was a quaint shop, in a small town, with high end items that never attracted many customers. its failure was

Masteriza [31]

The failure of the shop was probably because the owner fails to search or do research work in her market that made customers feel no attraction to the things that she sells. She should have done or better research s in making the customers attracted to the things that she sells so that she will have customers that are large in numbers and in the same time, her shop would sell.

8 0

3 years ago

A Product Manager has been given responsibility for overseeing the development of a new software application that will be deploy

Free_Kalibri [48]

Incomplete question. The missing options read;

a. Design the application’s security features after the application’s initial build is complete.

b. Schedule development of security features after the application’s initial release.

c. Utilize a DevSecOps approach to incorporate security into the development process from the beginning.

d. Contract with an external vendor to develop a security solution separately from the main application.

Answer:

a. Design the application’s security features after the application’s initial build is complete.

Explanation:

Remember, our main concern here is to determine the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.

Hence, if the Product Manager decides to schedule the development of security features after the application’s initial release, this would not be the most time-saving approach. Also, utilizing a DevSecOps approach to incorporate security into the development process from the beginning and contracting with an external vendor to develop a security solution separately from the main application is not the best cost-saving approach.

However, designing the application’s security features after the application’s initial build is complete would be the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.

4 0

3 years ago