GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The process of planning, pricing, promoting, selling and distributing ideas, goods, or services to create exchanges satisfying customers is
A
advertising
B
marketing
C
utility
D
market share
Explanation: 

Detailed explanation-1: -The American Marketing Association (AMA) defines marketing as “the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational objectives."

Detailed explanation-2: -Defining marketing 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-3: -Dictionary.com defines marketing as “The action or business of promoting and selling products or services.” In simple words, marketing is the process of attracting potential customers and clients to a product or service.

Detailed explanation-4: -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.

Detailed explanation-5: -Marketing is the process of developing, pricing, distributing and promoting the goods or services that satisfy such needs.

There is 1 question to complete.