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baherus [9]
3 years ago
12

What is the first step for marketers in implementing the marketing concept?

Business
1 answer:
Svet_ta [14]3 years ago
3 0

Answer:

The answer is: You need to identify your market.- Who are your potential customers and what unsatisfied need do they have in common?

Explanation:

A marketing concept can be defined as:                                                          The idea/concept/philosophy that your business is going to follow in order to satisfy their customers' needs while reaching their business's goals.

The first thing you need to do is identify your target market, i.e. Who are your potential customers and what unsatisfied need do they have in common?

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6 0
3 years ago
Use your notes to explain how prices affect demand.
abruzzese [7]

Answer:

Amount of a product people purchase at various prices. ... There exists an inverse relationship between price and quantity demanded. As the price of a good or service goes up, the number sold (quantity demanded) goes down. As the price of a good or serve goes down, the number sold (quantity demanded) goes up.

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2 years ago
When marketers _____, they take into account the fact that customers are different, customers change, competitors change and rea
butalik [34]

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2 years ago
Theresa and Bobbi bought a racecar together. They agreed to share all expenses and split net profits equally. There was no agree
mestny [16]

Answer:

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Explanation:

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Whenever a general or limited partner chooses to leave the joint venture, the business continues to remain unless it has been agreed by all partners to dissolve.

5 0
3 years ago
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