comprehension questions\n1. what is a business?\n2. what does marketing do?\n3. who are customers?\n4. what…

Brief Explanations:

1. A business is an organization or enterprising entity engaged in commercial, industrial, or professional activities with the aim of making a profit.
2. Marketing involves activities to identify, anticipate, and satisfy customer needs profitably, including product - design, promotion, pricing, and distribution.
3. Customers are individuals or entities that purchase goods or services from a business.
4. Advertising is a form of communication that promotes or sells a product, service, or idea through various media channels.
5. A good example of a good could be a smartphone, which is a tangible product that consumers can buy.

Answer:

1. An organization engaged in commercial, industrial or professional activities for profit.
2. Identifies, anticipates and satisfies customer needs profitably through various activities.
3. Individuals or entities that buy goods or services.
4. A form of communication to promote products, services or ideas.
5. A smartphone.