A view of the market that specifies that planning starts by identifying the needs of target customers, to which the company responds by organizing a chain of resources and activities with the goal of creating customer value is a(n) ______ view. Select one: a. sense-and-respond b. make-and-sell c. identify-and-target d. market-and-profitorganizations with higher costs can set higher prices that result in smaller margins but greater sales and profits. Select one: True FalseIn designing the marketing channel, an organization must balance customer needs and wants with the need to make a profit. Select one: True False Question text ______ are human needs that are shaped by culture and individual personality. Select one: a. Demands b. Necessities c. Values d. Wants Cost-plus pricing refers to offering just the right combination of quality and gratifying service at a fair price. Select one: True False The perceived value of a different product offers can be reasonably assessed by conducting surveys and experiments. Select one: True False Underpriced products produce more revenue than they would if they were priced at the level of perceived value. Select one: True False The business analysis stage represents the first large jump in financial investment in the new product development process. Select one: True False A view of the market that specifies that planning starts by identifying the needs of target customers, to which the company responds by organizing a chain of resources and activities with the goal of creating customer value is a(n) ______ view. Select one: a. sense-and-respond b. make-and-sell c. identify-and-target d. market-and-profit Most consumer electronics, furniture, and home appliance brands are preferred an exclusive distribution manner. Select one: True False Despite the shift toward digital media, however, traditional mass media still capture a sizable share of the promotion budgets of most major marketing firms. Select one: True False