GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Actual Buyer
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Possible Buyer
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The group of actual and possible buyers
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Special Place
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Detailed explanation-1: -According to traditional view, market refers to. a. people or organisations who want to satisfy their needs. b. a particular place where buyers and sellers meet each other and conduct buying and selling activities.
Detailed explanation-2: -Solution(By Examveda Team) The traditional view of marketing is that the firm makes something and then Sells it. The traditional concept of marketing corresponds to the general notion of marketing, which means selling goods and services after they have been produced.
Detailed explanation-3: -NEEDS AND WANTS: The focus of marketing is on the satisfaction of the needs and wants of individuals and organizations.
Detailed explanation-4: -1) Product is the focal point and all the marketing activities revolve around it. Marketing activities like selling, purchasing, advertising, distribution, sales promotion are all meaningless unless there is product.