12 Views
Question : Which function of marketing is highlighted in the given statement?
Statement: It is necessary to collect and analyse market information.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding
Answer (1)
Correct Answer: Gathering and analysing market information
Solution : One of the important functions of a market is to collect and analyse market information. This is necessary to identify the needs of the customers and take a various decisions for the successful marketing of the products and services.
Hence, option A is correct.
Related Questions
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
UPES MBA Admissions 2025
Apply
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 15th July