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What must business provide to consumers in order to satisfy their wants and needs?
Wiki User
∙ 11y ago
goods and services
Wiki User
∙ 11y ago
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What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
Why is business activity needed?
Business activity is needed to provide services and goods to satisfy wants and needs as well as to provide jobs. Business activity helps keep the economy going.
What function involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
When consumers needs and wants are greater than the resources available to satisfy them?
Scarcity.
What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
Why is business activity needed?
Business activity is needed to provide services and goods to satisfy wants and needs as well as to provide jobs. Business activity helps keep the economy going.
What products and services that satisfy the needs and wants of target customer?
maybe money can satisfy the consumers because they can buy what they want and their needs
What function involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What functions involves activities designed to provide goods and service that fulfill needs and desires of consumers?
22. (p. 7) Which of the following functions involves activities designed to provide goods and services that fulfill needs and desires of consumers?A. AccountingB. EngineeringC. FinanceD. ProductionE. MarketingMarketing includes all the activities designed to provide goods and services that satisfy customer's needs and wants.
What do companies call a set of benefits that they promise to consumers to satisfy their needs?
Value.
When consumers needs and wants are greater than the resources available to satisfy them?
Scarcity.
What is the marketing effort done for?
The aim of the marketing effort is to satisfy the needs and wants of consumers
What does the behavior that consumers display in searching for purchasing using evaluating and disposing of products and services that they expect will satisfy their needs is known as?
Behavior that consumers display in searching for, purchasing, using, evaluating, and disposing of products and services that they expect will satisfy their needs is known as sport behavior.
Why is that the study and practice of marketing become useless exercise when consumers seek to satisfy their needs and wants at all costs?
do you agree that since consumers will search for their needs marketing becomes a useless excercises/
How does market research help start a business?
Market research allows businesses to acquire information on how consumers feel about products and needs. By analyzing this data, they can provide consumers with products and services that will be positively received.
