MK-351 final questions with verified
answers already passed
This process assists a company or organization allocate its resources to capitalize
on opportunities in the marketplace. - correct answer ✔✔Strategic Planning
The Marketing Mix consists of these 4 Ps. - correct answer ✔✔Product, Price,
Promotion, and Place
Which of these is not one of the four (4) components of marketing? - correct
answer ✔✔Describing
Marketing seeks to meet an objective - correct answer ✔✔False
Marketers use this strategic planning analysis to learn more about internal and
external information to determine their distinctive competitive advantage. -
correct answer ✔✔Strengths, Weaknesses, Opprutunities, and Threats.
A store location, a reason for a purchase, or lifestyle are situational factors that
can influence this. - correct answer ✔✔Consumer Behavior
The process of dividing consumers into different buying groups with similar
characteristics is known as segmentation. - correct answer ✔✔True
answers already passed
This process assists a company or organization allocate its resources to capitalize
on opportunities in the marketplace. - correct answer ✔✔Strategic Planning
The Marketing Mix consists of these 4 Ps. - correct answer ✔✔Product, Price,
Promotion, and Place
Which of these is not one of the four (4) components of marketing? - correct
answer ✔✔Describing
Marketing seeks to meet an objective - correct answer ✔✔False
Marketers use this strategic planning analysis to learn more about internal and
external information to determine their distinctive competitive advantage. -
correct answer ✔✔Strengths, Weaknesses, Opprutunities, and Threats.
A store location, a reason for a purchase, or lifestyle are situational factors that
can influence this. - correct answer ✔✔Consumer Behavior
The process of dividing consumers into different buying groups with similar
characteristics is known as segmentation. - correct answer ✔✔True
