Formal ander Styles Font Paragraph MAKT 201 Principles of Marketing summer course Homework 1 (25%) 1- What is the difference between Market and Marketing? 2. List the five core concepts in marketplace and customer Needs and wants 3. Customer-driven marketing strategy can be designed once consumers' needs and markets are understood. Marketing management consists of "choosing target markets and building profitable relationships with them. What is the target market? What is the value proposition? 4. Integrated marketing program outlines how value will be delivered to target consumers. It involves transforming marketing strategy into action with the marketing mix tools. List the 4 Ps