GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Marketing is defined as the process of developing, promoting, pricing, and distributing goods and services to customers in order to satisfy customer needs and wants.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Marketing is about planning and executing the development, pricing, distribution and promotion of products and services to satisfy the needs of your customers. The main role of marketing is to deliver customer value to attracting new customers and keeping existing ones.

Detailed explanation-2: -Define “Marketing”. The process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants.

Detailed explanation-3: -What Is Marketing? Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.

Detailed explanation-4: -Marketing is that management process through which goods and services move from concept to the customer. Marketing has less to do with getting customers to pay for a product as it does with developing a demand for that product and fulfilling the customer’s needs.

There is 1 question to complete.