Question

Which of the following can marketing provide? (check all that apply)

Information on what funds might be available
Judging the manufacturing of designs
Information on consumer preferences
Information on supplier preferences
Insight on what competitors are doing

Answer 1

Marketing can provide information on consumer preferences, supplier preferences, and insight on competitors' activities.

Step-by-step explanation:

Marketing can provide several things:

• Information on consumer preferences: Marketing can conduct surveys, interviews, and analyze data to gather information about what consumers prefer. This helps businesses understand their target audience and tailor their products or services accordingly.
• Information on supplier preferences: Marketing can research and analyze supplier options to determine which ones align with the business's needs and preferences. This ensures that the business is making informed decisions about their suppliers.
• Insight on what competitors are doing: Marketing can keep track of competitors' activities, such as their marketing strategies, product launches, and pricing. This information helps businesses stay competitive and make informed decisions.