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What is the primary goal of marketing management?
What is the primary goal of marketing management?
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Practice Questions
1 question
Q1
What is the primary goal of marketing management?
To maximize production efficiency
To create customer value and satisfaction
To reduce operational costs
To enhance employee productivity
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The primary goal of marketing management is to create value for customers and ensure their satisfaction.
Questions & Step-by-step Solutions
1 item
Q
Q: What is the primary goal of marketing management?
Solution:
The primary goal of marketing management is to create value for customers and ensure their satisfaction.
Steps: 5
Show Steps
Step 1: Understand that marketing management is about managing how a company promotes and sells its products or services.
Step 2: Recognize that the main focus is on the customers and what they need or want.
Step 3: Learn that creating value means offering something that customers find useful or beneficial.
Step 4: Realize that customer satisfaction is important because happy customers are likely to return and recommend the product to others.
Step 5: Conclude that the primary goal of marketing management is to create value for customers and ensure their satisfaction.
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