MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Marketing activities, including the use of promotion, cannot actually increase the sales of products and services.
A
FALSE
B
TRUE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The use of marketing always has positive results. Marketing activities, including the use of promotion, cannot actually increase the sales of products and services. The average cost of all marketing activities is about 50 percent of the price of products. Marketing can be used to misrepresent poor products.

Detailed explanation-2: -The correct answer is False. Marketing and selling activities are not the same activities. Selling is the process that transforms products, services or any offering into money by selling it to the customers. It is a part of marketing but marketing encompasses much more than selling.

Detailed explanation-3: -Advertising is one aspect of marketing. While marketing is the overall approach to speaking to customers about your brand, advertising is usually a paid form of messaging designed to lead to sales.

Detailed explanation-4: -The correct answer is: True Marketers must attempt to satisfy customer demands and needs, according to the marketing concept, which is a principle that underpins all they do. Market-oriented businesses are those that follow this idea.

Detailed explanation-5: -Dictionary.com defines marketing as, “the action or business of promoting and selling products or services, including market research and advertising."

There is 1 question to complete.