Seven Functions of Marketing

Question 1

Informing, persuading, and reminding customers about a product or service. (7F)

Answer 1

Promotion

Question 2

Researching customers, trends, and competitors (7F)

Answer 2

Marketing Information Management

Question 3

Getting goods to customers (7F)

Answer 3

Channel Management

Question 4

Obtaining, developing, maintaining, and improving a product or service. (7F)

Answer 4

Selling

Question 5

Understanding concepts and strategies to develop and target marketing strategies to a specific market. (7F)

Answer 5

Market Planning

Question 6

Charging for goods and services to make a profit (7F)

Answer 6

Pricing