TESTBANK FOR MARKETING CHAPTERS 1 16 QUESTIONS AND ANSWERS
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TESTBANK FOR MARKETING CHAPTERS 1-16 QUESTIONS AND ANSWERS
- Exam (elaborations) • 407 pages • 2021
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Marketing: An Introduction, 12e (Armstrong/Kotler) 
Chapter 1 Marketing: Creating and Capturing Customer Value 
 
1)	According to the five-step model of the marketing process, the first step in marketing is 
 	. 
A)	capturing value from customers to create profits and customer equity 
B)	constructing an integrated marketing program that delivers superior value 
C)	building profitable relationships and creating customer delight 
D)	understanding the marketplace and customer needs and wants 
E)	de...
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