GK
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing is a ____ process by which people interact with others in order to persuade them to act in a particular way, say to purchase a product or service rather than forcing them to do so.
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Physical
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Social
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Technical
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Psychological
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Explanation:
Detailed explanation-1: -Solution. Marketing is called a social process because it involves the interaction of buyers and sellers.
Detailed explanation-2: -Marketing is called a social process due to its concern for the long-term welfare of the society. It builds the long-term relationship between buyers and sellers through an integrated marketing program which involves customer satisfaction, research, product planning and development, etc.
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