Marketing vs Marketing research

What is the definition of marketing?

• Selling goods

• Promoting and distributing goods and services

• Producing goods

• Manufacturing products

Which of the following is NOT part of the marketing mix?

• Product

• Price

• Promotion

• Profit

Why is market research important?

• It helps businesses understand customer needs

• It helps businesses save money

• It increases product price

• It reduces competition

Which of the following is a psychological factor influencing consumer behavior?

• Culture

• Motivation

• Income

• Age

The process of gathering information about consumers' preferences is known as

• Promotion

• Distribution

• Advertising

• Market Research

Which of these is an example of a place in the marketing mix?

• A retail store

• Social media post

• Customer discount

• Television Ads

The term 'market' refers to:

• Promotion of a product

• Pricing of a product

• Buyers and sellers meeting to exchange goods

• Manufacturing processes

Which of the following is a social factor influencing consumer behavior?

• Motivation

• Family

• Lifestyle

• Perception