Which of the following conditions must exist in order for marketing to occur?
A)two or more parties with unsatisfied needs, a desire to satisfy them, a satisfactory product, and something to exchange
B)two or more people, a product, a reasonable price, and a place to make an exchange
C)two or more parties with unsatisfied needs, a desire and ability to satisfy them, a way to communicate, and something to exchange
D)two or more people, a method of assessing needs, a way to communicate, and an exchange

Question

Quizplus · Accepted Answer

Marketing occurs when there are two or more parties with unsatisfied needs, a desire and ability to satisfy them, a way to communicate, and something to exchange. Option A is similar but does not mention the need for a way to communicate. Option B mentions a product and a place to make an exchange but does not mention the need for communication or the desire and ability to satisfy needs. Option D mentions a method of assessing needs but does not mention the desire and ability to satisfy them or the need for something to exchange.

Which of the Following Conditions Must Exist in Order for Marketing