Question : Which function of marketing is highlighted in the given statement? Statement: It is important to analyse available opportunities and threats as well as strength and weakness of the organisation.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding
Correct Answer: Gathering and analysing market information
Solution : One of the important functions of marketer is to collect and analyse market information. It is important to analyse available opportunities and threats as well as strength and weaknesses of the organisation. It helps in deciding what opportunities can be pursued by it.
Hence, option A is correct.
Question : Which function of marketing is highlighted in the given statement? Statement: It is necessary to collect and analyse market information.
Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the product.
Question : Which function of marketing is highlighted in the given statement? Statement: It involves taking decisions regarding features, design, shape, size appearance, etc., about the product.
Question : Which function of marketing is highlighted in the given statement? Statement: It should be carefully selected as it place an important role in the success of a product.
Question : Which function of marketing is highlighted in the given statement? Statement: It is an important feature of the product as labels provide detailed information about the product its contents method of use,etc
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