CLEP Marketing

Category - B2B

Rupert’s Technology is a software development company that produces educational software for private and public organizations. The company is especially well-known for its capability to observe changes in the market and how customers respond to marketing efforts, which is referred to as ________.
  1. Market-linking capability
  2. Research-sensing capability
  3. Market-sensing capability
  4. Customer-linking capability
  5. Control-system capability
Explanation
Answer: C - Rupert’s Technology is a software development company that produces educational software for private and public organizations. The company is especially well-known for its capability to observe changes in the market and how customers respond to marketing efforts, which is referred to as market-sensing capability. In a business-to-business interaction, companies must be sensitive to how well their customers are responding to marketing communications and promotions. Given the nature of competition, a company such as Rupert’s Technology would do well to keep a close eye on the market and adjust marketing and development efforts to any shifts that occur.
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