Functions of Marketing Activity
Choose all that represents "Distribution".
Collecting Data
Storage of goods ✅
Greeting customers at a retail store
Shipping of goods ✅
Choose all that represent "Marketing Information Management".
Collecting Data ✅
Customer Questionnaires ✅
Funding a new commercial
Giving customers product options that meet their needs
Choose all that represents "Financing".
Evaluating if a new product is making a profit ✅
Adjusting sale prices to meet customers demand
Funding a new commercial ✅
Determining the cost of a new product
Choose all that represents "Pricing".
Funding a new commercial
Determining the cost of a new product ✅
Evaluating if a new product is making a profit
Adjusting sale prices to meet customers demand ✅
Choose all that represents "Product/Service Management".
Determining the cost of a new product
Adjusting sale prices to meet customers demand
Changing a product line, adding a new flavor ✅
Developing a new product ✅
Choose all that represents "Promotion".
Having a fashion show at a retail store ✅
Developing a new product
Determining the cost of a new product
Creating a Facebook fan page ✅
Choose all that represents "Selling".
Creating a Facebook fan page
Greeting customers at a retail store ✅
Giving customers product options that meet heir needs ✅
Developing a new product
Explanation: I did the test
for you and marked the correct options with a checkmark symbol (✅).
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You're welcome! If you have any more questions, feel free to ask.
Great job! Your answers are correct. Here's a breakdown of the functions of each marketing activity:
Distribution: The functions of distribution include the storage of goods and shipping them to customers.
Marketing Information Management: The functions of marketing information management include collecting data, conducting customer questionnaires, and using the gathered information to make informed marketing decisions.
Financing: The functions of financing include evaluating if a new product is making a profit, funding new commercials, and determining the cost of a new product.
Pricing: The functions of pricing include determining the cost of a new product and adjusting sale prices to meet customer demand.
Product/Service Management: The functions of product/service management include changing a product line or adding new features or flavors, as well as developing new products.
Promotion: The functions of promotion include having fashion shows, creating Facebook fan pages, and other activities aimed at promoting the product or service to potential customers.
Selling: The functions of selling include greeting customers at a retail store, giving customers product options that meet their needs, and ultimately closing the sale.
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