Need Help with University of Phoenix MKT 571 Coursework Week One Quiz
Need Help with University of Phoenix MKT 571 Coursework Week One Quiz UOP Assignment Help Assessment Description Question: 1 A companys sales potential would be equal to market potential when which situations exists? a) The company gets 100 percent share of the market. b) Industry marketing expenditures approach infinity for a given marketing environment. c) The marketing expenditure of the company is reduced to zero. d) The market is nonexpandable. 2 Marketing is considered both an art and a science. How do the 4Ps, or marketing mix, help us bridge the gap between art and science? a) Marketing focuses on sales as the primary goal. b) Marketing is about advertising. c) Marketing is involved with price as the major factor. d) M arketing balances the need for data with that of creativity. 3 Wabash Bank would like to understand if there is a relationship between the advertising or promotion it does and the number of new customers the bank gets each quarter. What type of research is this an example of? a) Causal b) Qualitative c) Secondary …