Question : It reduces the need for inspection testing and evaluation of the product. Which function of marketing is highlighted in the given statement?
Option 1: Marketing planning
Option 2: Customer support services
Option 3: Packaging and labelling
Option 4: Standardization and grading
Correct Answer: Standardization and grading
Solution : Standardization provides the assurance about quality,price and packaging of the product and reduces the need for inspection,testing and evaluation.
Hence, option D is correct.
Question : It contributes to making the product attractive to the target customers. Which function of marketing is highlighted in the given statement?
Option 3: Storage
Option 4: Product designing and development
Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the product.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 4: Branding
Question : A good design can improve performance of a product and also give it a competitive advantage in the market. Which function of marketing is highlighted in the given statement?
Option 3: Product designing and development
Option 4: Storage
Question : Which function of marketing is highlighted in the given statement? Statement: It involves services like after sale services,handling customer complaints, providing credit facilities,maintenance services and technical services.
Option 3: Customer support service
Question : Which function of marketing is highlighted in the given statement? Statement: It is necessary to collect and analyse market information.
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