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CAF-7 · Chapter 5 · Question 15 of 15

Which of the following activities in Porter's Value Chain is primarily responsible for ensuring that customers are aware of the product and providing them with a reason to purchase it?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Marketing and sales

Explanation

Marketing and sales activities provide the means by which buyers are made aware of the product or service and are persuaded to purchase it, encompassing advertising, promotion, and pricing strategies.

All 15 questions in Chapter 5Internal Analysis MCQs with answers

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