Question

The most crucial and first step in marketing process is

a.

Designing a marketing strategy

b.

Create customer delight

c.

Understanding customer needs and wants

d.

Capturing value from customers

Posted under Marketing and Marketing Management

Answer: (c).Understanding customer needs and wants

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The most crucial and first step in marketing process is
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. The types of vertical marketing system are

View solution

Q. The legal and management consulting are best classified as

View solution

Q. Firstly, the marketers must think about

View solution

Q. The SBU's with low growth whereas high market share are considered as

View solution

Q. Strategic planning is strategic fit between organizations changing marketing opportunities and its

View solution

Q. The low customer involvement is part of

View solution

Q. The types of good value pricing includes

View solution

Q. Services provided by marketing channels to their customer in a collective way is classified as

View solution

Q. The system in which company creates partnerships with different channels to deliver their market offering is classified as

View solution

Q. The strategy of marketing channel system in which company's sales force carry, promote and sell products to end users is classified as

View solution

Q. Considering marketing channel system, the strategies used by companies to manage intermediaries are

View solution

Q. The guarantees of products by its manufacturers and offer payment terms are classified as

View solution

Q. The unit numbers permitted by channels for a typical customer in one single purchase is classified as

View solution

Q. The situation when companies use two or more different channels is classified as

View solution

Q. The intermediaries that perform functions of selling goods of different manufacturers are classified as

View solution

Q. While considering marketing channels, the examples of agents are

View solution

Q. In marketing channels, the level of company selling its products through retailers and wholesalers is classified as

View solution

Q. Considering marketing channels, the examples of facilitators are

View solution

Q. The strategy based on the intermediaries involve in marketing channels do not include

View solution

Q. The marketing channel strategy is used for products with low brand loyalty and product, is an impulse item is classified as

View solution
View All MCQs on Marketing and Marketing Management

Recommended Subjects

Are you eager to expand your knowledge beyond Marketing and Marketing Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Environment Management

Master the art of Environment Management with our specialized category. Explore...

Chemistry

Unlock the mysteries of chemistry with our Chemistry category. Delve into the...

IC 89 Management Accounting

Boost your preparation for the IC 89 Management Accounting exam with our extensive...

Avionics Engineering

Soar into the world of aviation technology with our Avionics Engineering category....

Environmental Biotechnology

Discover the intersection of biology and environmental science with our Environmental...

Engineering Geology

Explore the dynamic field of Engineering Geology with our specialized category. Delve...

Dairy Engineering

Dive into the world of Dairy Engineering with our specialized category. Explore the...

Total Quality Management

Enhance your understanding of quality management with our Total Quality Management...

Basic Electrical Engineering

Master the fundamentals of Electrical Engineering with our specialized category....