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For marketing to occur, parties involved in the transaction must have which two things? (Select 2 options.) Multiple select question. Promotional advertising or other sales tactics A way to communicate Both the desire and ability to satisfy their needs Possession of thorough research

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ayokenny2001

For marketing to occur, parties involved in the transaction must have which two things:

  • A way to communicate
  • Both the desire and ability to satisfy their needs

What is marketing?

This involves creating awareness about product offerings of a firm. It involves drawing the attention of potential buyers to goods and services of a company.

Marketing refers to those action undertaken by firm for promoting purpose to facilitate more sales of its products or services.

Importance of marketing are:

  1. It helps educate people about certain products.
  2. Businesses are able to generate more revenue by employing various marketing options.
  3. It is a tool that keeps conversation going between a firm and its potential customers

Learn more about marketing here: https://brainly.com/question/25754149

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