GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following IS NOT 1 of the 7 Functions of Marketing?
A
Servicing
B
Marketing Information Management
C
Pricing
D
Product/Service Management
Explanation: 

Detailed explanation-1: -Inventory is not a function of marketing.

Detailed explanation-2: -Therefore, from the above explanation, Politics is not included in the seven Ps of the marketing mix given by Booms and Bitner.

Detailed explanation-3: -The 7Ps of marketing are – product, pricing, place, promotion, physical evidence, people, and processes. The 7 Ps make up the necessary marketing mix that a business must have to advertise a product or service.

Detailed explanation-4: -Promotion. Selling. Product management. Pricing. Marketing information management. Financing. Distribution. 20-Feb-2023

Detailed explanation-5: -Product (or Service) Your customer only cares about one thing: what your product or service can do for them. Price. Many factors go into a pricing model. Promotion. Place. People. Packaging. Process.

There is 1 question to complete.