Four factors are required for marketing to occur: (1) __________; (2) a desire and ability of parties to be satisfied; (3) a way for the parties to communicate; and (4) something to exchange.
A)a healthy competitive environment
B)an affordable and actionable advertising campaign
C)a sense of social responsibility
D)an ability to see hidden potential within an environmental force
E)two or more parties (individuals or organizations) with unsatisfied needs

Question

Quizplus · Accepted Answer

The four factors required for marketing to occur are (1) two or more parties with unsatisfied needs; (2) a desire and ability of parties to be satisfied; (3) a way for the parties to communicate; and (4) something to exchange. Option E correctly states the first factor. The other options, while important in their own right, are not specifically required for marketing to occur.

Four Factors Are Required for Marketing to Occur: (1) __________;