test 1 Flashcards

1
Q

What is Marketng

A

the process by which companies create value for customers and build strong relationships in order o capture value from customers in return

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

needs

A

states of felt deprivation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

wants

A

the form human needs take as shaped by culture and individual personality

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

demands

A

human wants that are backed by buying power

How well did you know this?
1
Not at all
2
3
4
5
Perfectly