C. B. Probability of occurrence of the various states of natures can be developed Level of ambiguity is high and probability of making a good decision is very low Complete information about the available choices 10. Proactive and reactive control takes place at the D. respectively? and of a process A. Beginning, end C. Beginning, middle D. Middle, end B. End, beginning 11. Which one of the following is not the correct description of modern marketing? B. Production Philosophy C. Selling Philosophy D. Marketing philosophy A. Marketing is the creation of value for customers. B. Marketing is managing profitable customer relationships. C. Selling and advertising are synonymous with marketing. D. Marketing involves satisfying customers' needs. 12. Which one of the following philosophy holds that consumers favor those products that offer the most quality, performance, or innovative features? A. Product philosophy

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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about the problem
B. Probability of occurrence of the various states of natures can be developed
C. Level of ambiguity is high and probability of making a good decision is very
low
Complete information about the available choices
10. Proactive and reactive control takes place at the
D.
respectively?
and
of a
A. Beginning, end
B. End, beginning
C. Beginning, middle
D. Middle, end
11. Which one of the following is not the correct description of modern marketing?
process
A. Marketing is the creation of value for customers.
B. Marketing is managing profitable customer relationships.
C. Selling and advertising are synonymous with marketing.
D. Marketing involves satisfying customers' needs.
12. Which one of the following philosophy holds that consumers favor those products that offer
the most quality, performance, or innovative features?
A. Product philosophy
B. Production Philosophy
C. Selling Philosophy
D. Marketing philosophy
Transcribed Image Text:about the problem B. Probability of occurrence of the various states of natures can be developed C. Level of ambiguity is high and probability of making a good decision is very low Complete information about the available choices 10. Proactive and reactive control takes place at the D. respectively? and of a A. Beginning, end B. End, beginning C. Beginning, middle D. Middle, end 11. Which one of the following is not the correct description of modern marketing? process A. Marketing is the creation of value for customers. B. Marketing is managing profitable customer relationships. C. Selling and advertising are synonymous with marketing. D. Marketing involves satisfying customers' needs. 12. Which one of the following philosophy holds that consumers favor those products that offer the most quality, performance, or innovative features? A. Product philosophy B. Production Philosophy C. Selling Philosophy D. Marketing philosophy
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