From a business practitioner perspective, the true role and value of of the marketing department is that good marketers tend to discover the unmet needs of the firm's targeted consumer segments, and then, disseminate that information across all firm departments. So marketing oriented firms are those that take this information and then use it to develop various marketing mixes (of goods and services) that the firm then markets to it's various target segment (in that hope that each 4-P mix will satisfy their target segment needs). A True False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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From a business practitioner perspective, the true
role and value of of the marketing department is that
good marketers tend to discover the unmet needs of
the firm's targeted consumer segments, and then,
disseminate that information across all firm
departments. So marketing oriented firms are those
that take this information and then use it to develop
various marketing mixes (of goods and services) that
the firm then markets to it's various target segment
(in that hope that each 4-P mix will satisfy their target
segment needs).
A
True
False
Transcribed Image Text:From a business practitioner perspective, the true role and value of of the marketing department is that good marketers tend to discover the unmet needs of the firm's targeted consumer segments, and then, disseminate that information across all firm departments. So marketing oriented firms are those that take this information and then use it to develop various marketing mixes (of goods and services) that the firm then markets to it's various target segment (in that hope that each 4-P mix will satisfy their target segment needs). A True False
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