GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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From among the following, identify the factor which does not form part of facilitating function of marketing?
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Financing
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Risk bearing
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Packaging
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Standardization
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Explanation:
Detailed explanation-1: -Explanation: Storage does not facilitate function of marketing.
Detailed explanation-2: -However, one thing that is important to note is that pricing should not be a function of advertising.
Detailed explanation-3: -Target market is not an element of the marketing mix. A target market refers to a group of potential customers to whom a company wants to sell its products and services.
There is 1 question to complete.