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The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organization's (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customer's present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.
Q. The "Marketing implementation" stage of the marketing process involves:
  • a)
    Analyzing the markets and marketing environments
  • b)
    Defining the Strategic Business units, goals, and objectives of the organization (here, banks)
  • c)
    Regulating the goals and acting upon the defined parameters
  • d)
    Answering questions like "who, where, when, and how" for the offering
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The customers of any organization drive its revenues, therefore, it is...
Marketing implementation involves answering questions like- who, where, when, and how for the offering and focusing on performing activities in the right manner by having a proper blend of people, culture, structure, decision, etc. in the organization.
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The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer?
Question Description
The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer?.
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Here you can find the meaning of The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The customers of any organization drive its revenues, therefore, it is important to build up a large and targeted customer base depending on the products and/or services the organization offers. To make the customers aware of an organizations (here, banks) business and its products and services (here banking products and services), marketing is required which helps the customer in making correct buying decisions. In the context of Retail banking, marketing means- Identifying the most profitable markets now and in the future. It involves assessing the customers present and future needs which are continuously evolving and dynamic in nature. In marketing, the banks set business development goals and make plans to meet them by going through the four stages of the Marketing process. The elements of the marketing mix for retail banking are- Product, Price, Place, Promotion, Process, People, and Physical evidence.Q. The "Marketing implementation" stage of the marketing process involves:a)Analyzing the markets and marketing environmentsb)Defining the Strategic Business units, goals, and objectives of the organization (here, banks)c)Regulating the goals and acting upon the defined parametersd)Answering questions like "who, where, when, and how" for the offeringCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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