True or False Marketing

True
Every individual makes marketing decisions regularly
False
Most individuals employed in marketing positions are not well paid
True
Marketing activities are performed by schools, churches, and political candidates
False
Few businesses successfully identify the needs of customers
False
During the sales era, the philosophy of marketing emphasized developing many new marketing activities to sell products
False
Marketers discovered that effective marketing can convince customers to buy a product they do not believe will satisfy their needs
True
Marketing causes improvements in existing products
False
An increase in production efficiency results in an increase in price
False
More than half of all jobs have marketing as a major job responsibility
False
Marketing decreases the standard of living in a country
True
Effective selling and promotion increase the value of a product to the customer.
True
Federal legislation is one method of increasing the social responsibility of businesses
False
THe wants and needs of consumers are limited.
False
Resources are unlimited
True
The specific types of resources a business has available will determine the types of products and services it can develop and sell.
True
Businesses in an oligopoly will have to cooperate to raise prices
True
The most common type of economic competition facing most businesses is monopolistic competition
True
Advertising is a park of marketing
False
Marketing today is very similar to marketing 20 years ago
True
People who understand the basics of marketing are in high demand in the business world
True
Bringing a new product to the marketplace is very expensive for businesses
True
Bringing a new product to the marketplace is very expensive for businesses
False
Usually, most products only have one use
True
It is common for businesses to offer discounts from their list prices to some or all of their customers