Marketing is influenced by–
(A) product demand (B) public taste (C) buyer behaviour
(D) brand image (E) All of these
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B)Buyer behaviour
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Marketing is influenced by all of these parameters (product demand, public taste, buyer behaviour and brand image).
- Product demand describes how much a company's product is desired by customers over a given period.
- Public taste or Consumer preferences and buyer behaviour are so powerful that they can alter how businesses operate. Food products or restaurants have been updated to include nutritional information and more healthy eating options as customers have become more concerned about eating healthy.
- Any company's brand image is crucial. When customers purchase a product or service, they are also purchasing your brand's values.
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