Choose all that apply. What are some benefits to marketing?

Question

Responses

Makes buying convenient
Makes buying convenient

Raises the standard of living
Raises the standard of living

Expands the workforce
Expands the workforce

Maintains reasonable prices

Answer 1

The benefits of marketing include the following:

1. Makes buying convenient - Marketing helps consumers find and purchase products or services easily.

2. Raises the standard of living - Effective marketing can lead to increased competition, innovation, and more choices for consumers, contributing to a higher standard of living.

3. Maintains reasonable prices - Marketing can encourage competition among businesses, which can help keep prices fair and reasonable for consumers.

The option "Expands the workforce" is not typically considered a direct benefit of marketing. While marketing can lead to business growth, which may indirectly create jobs, it is not a primary benefit attributed to marketing itself.

So, the correct responses are:

• Makes buying convenient
• Raises the standard of living
• Maintains reasonable prices