Question

The seven main functions of marketing summarize what it takes to _____?

1) bring a product to market
2) meet consumer needs
3) earn a profit for a business
4) all of the above

Answer 1

The seven main functions of marketing summarize what it takes to bring a product to market, meet consumer needs, and earn a profit for a business. Correct option is 4)

Step-by-step explanation:

The seven main functions of marketing summarize what it takes to bring a product to market, meet consumer needs, and earn a profit for a business. These functions include:

1. Market research: understanding consumer preferences and needs
2. Product development: creating and designing new products
3. Pricing: determining the optimal price for a product
4. Promotion: advertising and promotional activities
5. Distribution: getting the product to the right place at the right time
6. Selling: persuading customers to purchase the product
7. Marketing information management: collecting and analyzing data on consumer behavior

By performing these functions effectively, businesses can successfully bring their products to market, meet consumer needs, and earn a profit.