Question

Which of the following statements about marketing is true? It is of little importance when products are standardized. It can help create jobs in the economy by increasing demand for goods and services. It helps to build a loyal customer base but has no impact on a firm's intangible assets. It is more important for bigger organizations than smaller ones. It is seldom used by nonprofit organizations.

Answer 1

Marketing can help create jobs in the economy by increasing demand for goods and services.

Step-by-step explanation:

The correct statement about marketing is: It can help create jobs in the economy by increasing demand for goods and services.

Marketing plays a crucial role in creating demand for products and services, which in turn stimulates economic growth and job creation. When companies effectively market their products, they attract more customers and generate higher sales, leading to expansion and the need for more employees. For example, successful marketing campaigns can increase demand for a new smartphone, leading to the hiring of additional workers in the manufacturing, distribution, and retail sectors.

Answer 2

It can help create jobs in the economy by increasing demand for goods and services.

Step-by-step explanation:

Marketing is the set of techniques and methods applied to the study of market needs and their main components, such as publics, sales and products for business development. Marketing studies the causes and mechanisms governing the exchange relations (goods, services or ideas) carried out within four main axes: price, distribution, communication and product. Marketing can help create jobs in the economy by increasing demand for goods and services, so we can say that marketing means more than selling, because selling is a one-way process. It is a two-way process aimed at ensuring the highest possible benefit. In this area, advanced knowledge on market prospecting and opinion polling is applied.