Today, marketing must be understood in a new sense that can be characterized as _________
a. Get there first with the most.
b. Management of youth demand.
c. Satisfying customer needs.
d. Telling and selling.
Answer: c
Explanation: In order to succeed in today’s market, businesses must understand and focus on customer needs. This means creating a product or service that meets customer demands and expectations. It’s no longer enough to simply create a product and hope that customers will purchase it. Instead, businesses must focus on creating a product or service that customers will actually want to buy.
This requires a shift in thinking for many businesses. Instead of thinking about what the business wants to sell, businesses must now think about what the customer wants to buy. This customer-centric approach is essential for success in today’s market.
By understanding and satisfying customer needs, businesses can create a loyal customer base that will continue to support the business for years to come.