Question: 1. Define marketing. What is marketing myopia and how can it be avoided? (AACSB:Communication:Reflective Thinking)
2. Explain the importance of understanding the marketplace and customer and identify the five core marketplace concepts. (AACSB:Communication)
3. Describe the key elements of a customer-driven marketing strategy and discuss the marketing management orientation that guide marketing strategy. (AACSB:Communication:Reflective Thinking)