Respuesta :
The following statement "since suppliers are so close to the market, they are valuable sources of information about consumer problems, marketing opportunities, and new product possibilities" is false.
Marketing is the process of identifying, creating, and delivering value to satisfy the needs of a target market for products and services. It may also involve selecting the target market, running advertising campaigns, taking part in trade shows and public events, designing products with appealing packaging for consumers, defining terms of sale like pricing, discounts, warranties, and return policies, and putting products online.
The environment in which the product operates, the results of its marketing and market research, and the characteristics of the product's target market all have an impact on the marketing mix, describing the specifics of the product. and marketing methods.
The above question is incomplete, the complete question is-
Since suppliers are so close to the market, they are valuable sources of information about consumer problems, marketing opportunities, and new product possibilities is the following statement true or false.
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