MANAGEMENT

Detailed explanation-1: -Marketing is a division of a company, product line, individual, or entity that promotes its service. Marketing attempts to encourage market participants to buy their product and commit loyalty to a specific company.

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: -“Marketing is the human activity directed at satisfying needs and wants through an exchange process.”

Detailed explanation-4: -The key purpose of marketing is to get people interested in the products or services of a company. This happens through market analysis, research and contemplating the interest of a business’s ideal customers and attracting them through messaging which would be educational and helpful to a business’s target group.

Detailed explanation-5: -False. Actually making goods or performing services is called marketing. False. Estimating what price consumers are willing to pay for a product and if the firm can make a profit selling at that price, is an example of a production activity. (