Companies are recognizing that much of their market value comes from ________, particularly their brands, customer base, employees, distributor and supplier relations, and intellectual capital.
A. variable assets
B. value propositions
C. intangible assets
D. market offerings
E. industry convergence
McCarthy classified marketing activities into the four Ps of the marketing mix. These four Ps stand for ________.
A. product, positioning, place, and price
B. product, production, price, and place
C. promotion, place, positioning, and price
D. place, promotion, production, and positioning
E. product, price, promotion, and place
Incorporating the holistic view of marketing, the four Ps of the marketing mix can be updated to ________.
A. product, positioning, people, and price
B. people, processes, place, and promotion
C. product, processes, price, and people
D. people, processes, programs, and performance
E. product, price, promotion, and people
At the heart of any marketing program is the firm's ________, its tangible offering to the market.
A. strategy
B. product
C. brand
D. value
E. people