BUISENESS MANAGEMENT
MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
“The delivery of Goods& Services from producers to their ultimate consumers or users includes many different activities. These different activities are known as marketing.”
|
|
|
Marketing is to ensure that the product is easily & effectively moved from the point of production to the target market & ensures that the product can be easily accessed by customers.”
|
|
|
Marketing is the activity, set of institutions & processes for creating, communicating, delivering & exchanging offerings that have value for customers, clients, partners & society
|
|
|
“Marketing is the last step in the chain of commerce where a buyer exchanges cash for a seller’s good or service, or the activity of trying to bring this about.”
|
Detailed explanation-1: -Answer-Marketing is the activity, set of institutions & processes for creating, communicating, delivering & exchanging offerings that have value for customers, clients, partners & society.
Detailed explanation-2: -“Marketing is the last step in the chain of commerce where a buyer exchanges cash for a seller’s good or service or the activity of trying to bring this about.”
Detailed explanation-3: -Solution. The process of determining consumers’ wants and offering various goods and services to ultimate consumers or users to meet those demands is referred to as marketing.
Detailed explanation-4: -Option B is the correct answer. Marketing is a tool used to create awareness about the company’s products to increase demand for the products. This helps in increasing the company’s revenues. As the demand for the goods increases, the production activities will also increase, resulting in more jobs in the economy.
Detailed explanation-5: -A. Marketing is the term used to refer only to the sales function within a firm.