MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or False?Sponsoring sports events is an example of marketing.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -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-3: -Definitions of Marketing “Marketing is the human activity directed at satisfying needs and wants through an exchange process.”

Detailed explanation-4: -Marketing is a process that involves creating, delivering, and managing the message or product of a business. In order to be successful in marketing, it is important to have a clear understanding of what marketing management is, as well as the different aspects it encompasses.

There is 1 question to complete.