Principles Of Marketing 21

21. Which of the following statements is correct?

Marketing is the term used to refer only to the sales function within a firm. incorrect

Marketing managers don’t usually get involved in production or distribution decisions. incorrect

Marketing is an activity that considers only the needs of the organization; not the needs of society as a whole. incorrect

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. correct