GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Customer needs
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Products
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Customer value
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Quality
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Detailed explanation-1: -The task of any business is to deliver Customer value at a profit. Customer Value is the incremental benefit which a customer derives from consuming a product after paying in return.
Detailed explanation-2: -Solution(By Examveda Team) The task of any business is to deliver Customer value at a profit.
Detailed explanation-3: -The importance of marketing for your business is that it makes the customers aware of your products or services, engages them, and helps them make the buying decision. Furthermore, a marketing plan, a part of your business plan helps in creating and maintaining demand, relevance, reputation, competition, etc.
Detailed explanation-4: -The definition of marketing as defined by the American Marketing Association is as follows. “Marketing is the process of planning and executing conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.”