Final answer:
The consumer is at the center of all marketing activities, with consumer needs driving product advertising and attention economy strategies. Technological advancement and globalization have also expanded markets and competition.
Step-by-step explanation:
The center of all marketing activities is the consumer and the understanding of consumer needs, preferences, and behavior. Modern marketing focuses on product advertising and the attention economy, aiming to captivate potential customers with consistent messaging across multiple platforms. Companies strategically advertise their products in a way that maximizes exposure, such as seeing Miller beer billboards on the way to a stadium and during a game. Additionally, shifts in technology and globalization have redefined markets, increasing competition and connecting buyers and suppliers through the internet, including business-to-business interactions. The rise of e-commerce allows consumers to order products from anywhere in the world, further showing that customer-centric strategies are at the heart of all marketing activities.